17.02.2011 - IMF: Libya posting non-hydrocarbon growth by 6pct
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 Libyas diversification strategy, Directors noted that investment funds outside the budget can complicate public expenditure management. It would also be important to ensure that the CBLs involvement with these funds does not conflict with monetary policy objectives..............................................Full Article: Source
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