MBR_ISSUE 47_JAN_LR

LIBYA: INDUSTRY & TRADE
Malta Business Review
Libya Falls in Ease of Doing Business Index
By John Lee
Libya has been ranked 186th out of 190
countries in the World Bank‘s recent Doing
Business 2019 report, down from 185th
place the previous year.
Top of the list were New Zealand, Singapore
and Denmark, with last place going to
Somalia, just behind Eritrea and Venezuela.
Iran ranked 128th, with Iraq 171st.
Doing Business measures regulations
affecting 11 areas of the life of a business.
Ten of these areas are included in this year’s
ranking on the ease of doing business:
starting a business, dealing with construction
permits, getting electricity, registering
property, getting credit, protecting minority
investors, paying taxes, trading across
borders, enforcing contracts and resolving
insolvency. Doing Business also measures
labor market regulation, which is not
included in this year’s ranking.
Training on Medicines Forecasting and
Quantification; FAO organizes a Training
Workshop on Animal Health
Air Malta may be
resuming Libyan flights in
2019 By John Lee
Air Malta is reportedly considering resuming
scheduled passenger flights to Libya in 2019.
According to a report from Malta
Independent, the proposed service may
operate between Malta International Airport
and Tripoli Mitiga.
(Source: Malta Independent)
Libya reportedly plans to
more than double its oil
production by 2021
According to Reuters, National Oil Company
(NOC) chairman Mustafa Sanalla told a news
conference that output would reach 2.1
million barrels per day (bpd) if security and
stability are strengthened.
Current output is around 953,000 bpd, less
than its pre-civil war capacity of 1.6 million
bpd. MBR
Credits: Libya Business News
(Source: World Bank)
www.maltabusinessreview.net
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