An Introductory Meeting with the National Economic and Social Development Board on Reforms Guide
Thursday, the 13th of July, 2023, at the headquarters of the National Economic and Social Development Board in Tripoli, an introductory meeting was held on the reforms guide to improve the business environment in Libya in order to review the operational action steps and determine the working mechanism for implementing the economic reform mentioned in the guide.
The meeting was attended by Mr. Mahmoud Al-Futaisi, Director General of the National Economic and Social Development Board, Mr. Saad Hanish, Undersecretary of the Ministry of Economy and Commerce for Economic Affairs, Mr. Abdul Salam Al-Oud, Deputy Director of the National Economic and Social Development Board, Mr. Abdul Najeeb Al-Rujaibi, Director of the National Economic and Social Development Board, and Mr. Abdel Salam Miloud, Legal Adviser to the Council of Ministers, Mr. Mohamed Al-Sharta’a, Executive Director of the General Union of Chambers of Commerce and Industry, Mr. Mohamed Bin Katheer, Director General of the Commercial Registry Authority, Mr. Mohamed Al-Aswad, Deputy Director of Programs at Expertise France, Mr. Musab Khalifa from the Ministry of Finance and Mr. Hassan Al-Kamel and Mr.Amjad Jweda From the Ministry of Economy and Trade, Ms. Yousra Bennaji and Ms. Sarah Belamin from Expertise France.
The attendees agreed to form a committee composed of all concerned parties and stakeholders in order to create a constructive dialogue between the public and private sectors and work to start implementing two economic reforms from the reforms mentioned in the reform guide as a first stage, which is the drafting of an executive regulation that allows the possibility of leasing equipment to business owners and enabling the registration of limited liability companies with a capital starting from 1 Libyan dinar.
The reform guide is based on an extensive survey of Libyan companies and lists the 20 urgent reform priorities to improve the business environment in Libya.
This meeting comes within the activities of the E-NABLE project funded by the European Union and implemented by Expertise France for a diversified and digital economy in Libya.
To read the Reforms Guide click here.