The relative economic improvement in 2017 remains fragile, as sustaining this dynamic depends crucially on a political resolution that in the current context seems hard to reach.
... See More + The macroeconomic framework is unstable. It is characterized by record inflation and unsustainable twin deficits, mostly driven by rising budget expenditures. Dwindling savings are keeping pressure on foreign reserves and the LYD continued to lose its value in the parallel markets. To stabilize the macroeconomic framework, Libya needs to launch budget reforms and diversify the economy for growth and job creation.
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The relative economic improvement in 2017 remains fragile, as sustaining this dynamic depends crucially on a political resolution that in the current context seems hard to reach.
... See More + The macroeconomic framework is unstable. It is characterized by record inflation and unsustainable twin deficits, mostly driven by rising budget expenditures. Dwindling savings are keeping pressure on foreign reserves and the LYD continued to lose its value in the parallel markets. To stabilize the macroeconomic framework, Libya needs to launch budget reforms and diversify the economy for growth and job creation.
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A key issue for the electricity sector development in Libya is the availability and reliability of less costly fuels such as natural gas. Thus, General Electricity Company of Libya (GECOL) is looking for alternatives to secure natural gas supply, increase the reliability of the system and easing the government expenditures.
... See More + Liquefied Natural Gas (LNG) may prove a feasible alternative to achieve the goals set by GECOL. The LNG options study follows on from the earlier Fuel availability and cost reduction report and uses the data generated by the report to establish the parameters to be considered when assessing LNG import options. This report has been developed to convey the results of a collection of reviews and studies undertaken on the potential options available to Libya for LNG importation.
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The document constitutes the fuel availability and opportunities for cost reduction report included in task B. The objective of this report is to review the natural gas and electricity markets to determine potential options to reduce power generation costs and greenhouse gas emissions while increasing the reliability of the system through the increase of natural gas availability.
... See More + This report has been developed to provide a guideline into the liquefied natural gas (LNG) options report by identifying the areas for future investment to best meet the needs for demand growth and fuel distribution as economically as possible. The report presents: introduction; country overview; natural gas supply alternatives for power generation; comparison of supply alternatives; guidelines to prioritize the use of gas for generation; and highlights.
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The manpower and organizational rationalization review report is the fifth deliverable of Task C. The next sections will focus on the analysis of the issues identified in the rapid assessment report and sector performance and structural sector reform reports and the measures to reach the objectives.
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GECOL has some 26 power stations containing 85 generating units of various sizes, technologies, and ages distributed around Libya, with the majority along Libya’s Mediterranean coastline.
... See More + This report aims to assess GECOL power system assets, to determine their current capabilities and requirements, and to present an action plan to GECOL on how to recover and improve its technical activities and services. In this report the authors consider at least 19 units of GECOL’s 85 have reached retirement age and should be decommissioned. Excluding these units, with an installed capacity of 483 megawatt (MW) and which have generally contributed no power to the Libyan system over the past years, will leave GECOL with an installed capacity of 9.755GW and the realistic available capacity will become 54.8 percent of the installed. This report attempts to present new perspectives to highlight priorities and some of the urgent actions needed, and to help GECOL in the decision-making process.
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The report focused on five key processes, functional to help General Electricity Company of Libya (GECOL) responding to the issues identified with Task A (Rapid sector assessment).
... See More + The process mapping and gap analysis in staff, skills, performance report is the second part of the Institutional development phase of Task C. The approach used for the process mapping and identification of gaps have been different depending on the data and information availability. GECOL transmission BU is mainly focused on maintenance activities, and was thus selected as proxy for this maintenance process mapping exercise. Its maintenance activities are initiated by the maintenance programming department which prepares yearly the maintenance plan. From the analysis of the AS-IS transmission maintenance processes, the authors identified four issues to be considered by GECOL going forward. It was suggested that GECOL maintenance workflow process should be aligned to best practice by ranking, inclusion of costing parameters and by using Computerized Maintenance Management System (CMMS).
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Doing Business 2018 is the 15th in a series of annual reports investigating the regulations that enhance business activity and those that constrain it.
... See More + This economy profile presents the Doing Business indicators for Libya. Doing Business presents quantitative indicators on business regulation and the protection of property rights that can be compared across 190 economies; for 2018 Libya ranks 185. Doing Business measures aspects of regulation affecting 11 areas of the life of a business. Ten of these areas are included in this year’s ranking on the ease of doing business: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency. Doing Business also measures features of labor market regulation, which is not included in this year’s ranking. Data in Doing Business 2018 are current as of June 1, 2017. The indicators are used to analyze economic outcomes and identify what reforms of business regulation have worked, where and why.
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The present document is the final deliverable of the Task C . Task C report is organized in six sections, each one related to one deliverable of the project: institutional development, processes, manpower, IT, technical performance, and summary of findings.
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The present document is the final report of the task A: it includes the project review and the related recommendations. The executive summary includes: summary of key issues faced by the electricity sector, wave one: fix the basics and prepare for restructuring, and wave two: restructure and prepare for ambition options for wave three (realize ambition).
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Enterprise resource planning (ERP) system review is the fourth and final part of the institutional development phase of task C. The ERP system review intends to perform a review of the current ERP system in terms of functional coverage and identify a set of actionable recommendations.
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The present report focuses on detailing the options for the establishment of the Libyan electricity regulator (LEMRA). To design the establishment of the LEMRA author have focused on three dimensions: roles and responsibilities, organizational set-up, and establishment roadmap.
... See More + The main role of the electricity regulator is to balance the sector stakeholders’ conflicting interests.
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The present report focuses on the sector restructuring roadmap and the related inputs for the Electricity Act. This document describes the sector reform plan for Libya, focusing mostly on the Institutions-led activities.
... See More + Wave I will focus on resolving the six key issues identified through many objectives, measures and milestones and lays the foundation for the introduction of renewables in the Libyan power fleet to address supply shortage. The Regulatory Agency will focus on supporting GECOL and the sector in pursuing its accounting unbundling, helping to establish improved accountability and operating model (also achieved through reorganization).
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The objective of this paper is to rapidly identify the issues affecting the sector, revise the libyan electricity demand towards 2030, review the libyan electricity sector, by business area (generation, transmission, distribution & supply), identify preliminary considerations on the country’s supply & demand balance, and provide an high-level overview of the sector governance and structure.The present report focuses on assessing the options for GECOL restructuring, as by Task A ToR
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The focus of this report is the phase three of task C, focused on the financial performance assessment and financial models. The deliverables have been combined in a comprehensive presentation and an excel-based toolkit for tariff design.
... See More + Report objective is to share cost-tariff analyses and new tariff design approach, and present how to use the excel toolkit.
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The objective of this paper is to rapidly identify the issues affecting the sector, revise the libyan electricity demand towards 2030, review the libyan electricity sector, by business area (generation, transmission, distribution & supply), identify preliminary considerations on the country’s supply & demand balance, and provide an high-level overview of the sector governance and structure.
... See More + This document intends to rapid identify at a high-level the issues affecting the Libyan electricity sector in order to provide to the project team members with an overview and the preliminary directions on which to focus on with the next deliverables (including Task B and Task D).
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This economy profile presents the Doing Business indicators for Libya. To allow useful comparison, it also provides data for other selected economies (comparator economies) for each indicator.
... See More + Doing Business 2017 is the 14th in a series of annual reports investigating the regulations that enhance business activity and those that constrain it. Economies are ranked on their ease of doing business; for 2016 Libya ranks 188. Doing Business sheds light on how easy or difficult it is for a local entrepreneur to open and run a small to medium-size business when complying with relevant regulations. It measures and tracks changes in regulations affecting 11 areas in the life cycle of a business: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, resolving insolvency, and labor market regulation. Doing Business 2017 presents the data for the labor market regulation indicators in an annex. The report does not present rankings of economies on labor market regulation indicators or include the topic in the aggregate distance to frontier score or ranking on the ease of doing business. The indicators are used to analyze economic outcomes and identify what reforms have worked, where, and why. The data in this report are current as of June 1, 2016 (except for the paying taxes indicators, which cover the period January-December 2015).
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This economy profile for Doing Business 2016 presents the 11 Doing Business indicators for Libya. To allow for useful comparison, the profile also provides data for other selected economies (comparator economies) for each indicator.
... See More + Doing Business 2016 is the 13th edition in a series of annual reports measuring the regulations that enhance business activity and those that constrain it. Economies are ranked on their ease of doing business; for 2015 Libya ranks 188. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm. Doing Business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 189 economies from Afghanistan to Zimbabwe and over time. Doing Business sheds light on how easy or difficult it is for a local entrepreneur to open and run a small to medium-size business when complying with relevant regulations. It measures and tracks changes in regulations affecting 11 areas in the life cycle of a business: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, resolving insolvency and labor market regulation. The data in this report are current as of June 1, 2015 (except for the paying taxes indicators, which cover the period from January to December 2014).
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This country data report summarizes the data from the worldwide governance indicators (WGI) project for Libya. The WGI report six aggregate governance indicators for over 200 countries and territories over the period 1996-2014, covering: (i) voice and accountability, (ii) political stability and absence of violence and terrorism, (iii) government effectiveness, (iv) regulatory quality, (v) rule of law, and (vi) control of corruption.
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