Browsing: Economy

Libyan authorities in Tripoli told Brazil Africa Institute (IBRAF) president João Bosco Monte they want to resume talks with Brazil and restore ties with the Latin American country, according to Brazil-Arab News Agency (ANBA).

Libya’s public debt has reached high levels, which amounted to 70.4 percent of GDP in 2022, also equivalent to 126 percent of government revenue, according to the World Bank’s economic update in April.