Afrol.News reports that since the lifting in 2003-04 of international sanctions, Libya has experienced a strong economic growth, mostly driven by high oil prices and investments in that run-down sector. In 2005, however, economic reforms and trade liberalisation has finally lifted Libya's under-developed non-oil sector to become the motor of economic growth. This comes despite the still persistent limits to foreign investments.That is the conclusion of The International Monetary Fund (IMF) who yesterday published its annual economic consultations with the Tripoli government.
Full article: Non-oil sector finally drives growth in Libya
