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Sovereign Wealth Funds Briefing - Categorized | Performance

IMF: Libya posting non-hydrocarbon growth by 6pct

Posted on 17 February 2011

From Globalarabnetwork.com: Directors welcomed the passing of the Libyan Investment Authority law, which enhances its regulatory and operational framework. While recognizing the role that investment funds are playing as part of Libya’s diversification strategy, Directors noted that investment funds outside the budget can complicate public expenditure management.
It would also be important to ensure that the CBL’s involvement with these funds does not conflict with monetary policy objectives……………………………………….Full Article: Source

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