Ahmad 
An economic report published by the American magazine “Global Finance” predicted that the Libyan economy will witness a growth of 7.5 during the current year 2024.
The report looked at the rapid growth in North Africa, with the combined GDP of the region’s countries rising in 2023.
The report confirmed that Libya, Mauritania, Morocco, Algeria, Tunisia, and Egypt achieved an increase in their GDP by 4.2% compared to 1.6% in the Middle East and 3.2% in the rest of Africa, noting that the International Monetary Fund expects new superiority during the year 2024.
According to the report, the International Monetary Fund indicated new growth in North African economies by 4%, stressing that the rate in Libya was at 12.5% during 2023 with expectations of 7.5% this year, which clearly reflects the size of the impact of financial revenues derived from oil.
This report is consistent with the clear economic revival in the eastern regions of Libya, which are witnessing continuous stability and economic revitalization, in contrast to what the West is experiencing, which is mired in chaos due to the spread of corruption and the continued fighting between rival factions and groups.
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