The outgoing Prime Minister of the Government of National Unity, Abdul Hamid Dbeibeh, said on Wednesday that the Libyan economy was “liberalized in some aspects” following 2011 civil war, but he viewed that “this liberalization was not regulated.”
During a meeting on several Libyan businessmen in the Libyan General Union of Chambers of Commerce (GUCC), he stressed the need to “organize and legalize the relationship between the private and public sectors, according to a statement by the GUCC.
The 63-year-old premier stressed his full support for the private sector, noting its “importance in building the country’s economy at this sensitive and critical stage.”
Interlocutors also discussed challenges facing Libyan businessmen, and how to overcome them. They also discussed employment, banking and trade movement.
By the end of the meeting, Dbeibeh and the business group agreed on a “set of urgent measures to overcome obstacles facing the private sector in all fields, and lift some of the burden placed on the public sector in Libya.”