{"id":252494,"date":"2024-12-24T17:08:28","date_gmt":"2024-12-24T15:08:28","guid":{"rendered":"https:\/\/sada.ly\/en\/?p=252494"},"modified":"2024-12-24T17:08:28","modified_gmt":"2024-12-24T15:08:28","slug":"independent-the-libyan-economy-between-declining-oil-revenues-and-corruption","status":"publish","type":"post","link":"https:\/\/sada.ly\/en\/independent-the-libyan-economy-between-declining-oil-revenues-and-corruption\/","title":{"rendered":"Independent: The Libyan Economy Between Declining Oil Revenues and Corruption"},"content":{"rendered":"\n<p>The African Development Bank on Tuesday projected a growth rate of 6.2% for the Libyan economy in 2025, based on the National Oil Corporation&#8217;s goals, which anticipate exceeding a production level of 1.5 million barrels per day by the end of that year.<\/p>\n\n\n\n<p>&#8220;Independent Arabia&#8221; reported that the Libyan economy experienced a difficult year due to fluctuations in oil production and a collapse in the third quarter of the current year caused by political disputes between rival authorities at the head of governance.<\/p>\n\n\n\n<p>The newspaper confirmed that Libyan oil production has significantly improved in recent weeks, reaching 1.42 million barrels per day, the highest level in over a decade. This supports forecasts suggesting that the Libyan economy could recover and regain economic growth momentum next year, according to donor institutions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The African Development Bank on Tuesday projected a growth rate of 6.2% for the Libyan economy in 2025, based on the National Oil Corporation&#8217;s goals, which anticipate exceeding a production level of 1.5 million barrels per day by the end of that year. &#8220;Independent Arabia&#8221; reported that the Libyan economy experienced a difficult year due [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":252495,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[729,636,613,690],"class_list":["post-252494","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-corruption","tag-economy","tag-libya","tag-revenues"],"acf":[],"_links":{"self":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/252494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/comments?post=252494"}],"version-history":[{"count":1,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/252494\/revisions"}],"predecessor-version":[{"id":252496,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/252494\/revisions\/252496"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/media\/252495"}],"wp:attachment":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/media?parent=252494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/categories?post=252494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/tags?post=252494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}