Dr. Mohsen Al-Salamouni, an economist at the London School of Economics, told our source on Thursday that the Libyan market is promising for investment. However, the economic situation worsens daily due to the exploitation by armed groups benefiting from the current instability.
Al-Salamouni emphasized to our source that for Libya to achieve economic growth, the country must rid itself of these controlling armed groups. Unfortunately, these groups have also exploited the nation’s wealth for their personal interests rather than for Libya’s development.
He added that Libya needs patriotic individuals with knowledge and expertise who can work towards unifying the country. They should focus on using power to build the economy, not to oppress the Libyan people. Libya has all the economic components to become a major economic power.