Libya Economy Facts
Economical overview Libya’s economy is completely dominated by the oil and gas sector, which before the civil war in 2011 accounted for almost all the state’s revenue and basically all exports. Oil production has...
See indexdotcom for Libya Energy and Environment Facts.
Economical overview Libya’s economy is completely dominated by the oil and gas sector, which before the civil war in 2011 accounted for almost all the state’s revenue and basically all exports. Oil production has...
On April 27, 1963, with a royal proclamation, the Libya was transformed into a unitary state. Executive power was centralized in the hands of the Council of Ministers, and consequently the Administrative Councils of...