A World Bank report monitored the difficulties facing the Libyan economy in 2018, how to overcome them and how to drive economic progress.

 According to the report, the current rate of spending in a context of conflict and insecurity, Libya will either have to exhaust its foreign exchange reserves or have to make special adjustments that are necessary to avert a crisis, but still far from enough to lay the foundation for growth.

The report said that from the economic and social perspective of the future, it is necessary to find a solution to the political conflict and enable a unified government to ensure macro-economic stability and embark on a comprehensive program to rebuild economic and social infrastructure. In this context, oil production is expected to increase steadily to reach its maximum potential (around 1.5 million barrels per day) by 2020, the time needed to repair the infrastructure of the heavily damaged oil industry