Libya hits record output and approves first unified budget in 13 years | The National

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Source: The National (UAE)
Published: 2026-04-22 23:11 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Military & Defence, Iran, Energy, Economy & Finance, Tax & Budget, Business & Economy, War & Conflict
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Snippet:
Libya has reached its highest oil production in more than a decade, approved its first unified budget in 13 years and secured one of the few growth upgrades in the IMF's latest regional outlook, making it a rare bright spot as the Iran war forces steep downgrades on economies across the Middle East.
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