I am pleased to announce the publication of our new report at Elhashad Consulting Group, LLC (ECG), which presents a comprehensive strategic vision for rebuilding the Libyan economy and transforming it into a prosperous and stable economic powerhouse.

ELHASHAD CONSULTING GROUP, LLC

🔍 Key Challenges:

Monetary inflation of 317.68% since 2010
95% economic dependence on the oil sector
High unemployment rate of 18.74%
Private investment representing only 20% of GDP
💡 14 Key Drivers of Economic Transformation:

Import/Export Balance
Protection of Local Asset Ownership
Balanced Customs Duties
Government Ownership with Private Management
Foreign Direct Investment
Government Market Regulation
Gold Reserves
A Hybrid Socialist-Capitalist Economy
Innovation and Independence Industrial
Money Transaction Monitoring
Investment Strategy
Legal Trade Finance
National Vision 2025-2035
Local Arbitration Courts

📅 Implementation Plan (2026-2035):

The report presents a detailed 10-year plan, divided into four main phases: Establishment, Growth, Diversification, and Prosperity, with clear key performance indicators to measure progress.

🎯 Expected Outcomes:

Reducing the inflation rate to below 10%
Increasing non-oil exports to 40% of total exports
Improving Libya's ranking in global competitiveness indicators
Achieving sustainable monetary and economic stability
We invite all stakeholders, policymakers, and investors to review the report and contribute to this transformative journey towards a prosperous economic future for Libya.