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Aliases: Dawiat Libiya, Libiya, State of Libya

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Object «Libya» has attributes

Attribute Value
Geography
Area 1,759,540 km²
Continent Africa
Land area 1,759,540 km²
Water area 0 km²
Land boundaries 4,339 km
Border countries
  • Algeria
  • Chad
  • Egypt
  • Niger
  • Sudan
  • Tunisia
Coastline 1,770 km
Mean elevation 423 m
Lowest point -47 m
Highest point 2,267 m
People
Population 6,890,535
Official languages
  • Arabic
Religion Muslim
Government
Long country name State of Libya
Short country name Libya
Long local name Dawiat Libiya
Short local name Libiya
Former name Add
Government type In transition
Capital Tripoli
Economy
GDP (PPP) 61,970,000,000 USD
GDP (OER) 30,570,000,000 USD
GDP (real growth rate) 64 %
GDP - per capita (PPP) 9,600 USD
Gross national saving 5 % of GDP
Labor force 1,114,000
Unemployment rate 30 %
Population below poverty line Add
Budget revenues 15,780,000,000 USD
Budget expenditures 23,460,000,000 USD
Military expenditures Add
Taxes and other revenues 51.6 % of GDP
Budget surplus or deficit -25.1 % of GDP
Public debt 4.7 % of GDP
Inflation rate 28.5 %
Central bank discount rate 9.52 %
Commercial bank prime lending rate 7.3 %
Stock of narrow money 76,210,000,000 USD
Stock of broad money 76,210,000,000 USD
Stock of domestic credit 21,000,000,000 USD
Market value of publicly traded shares Add
Current account balance 2,574,000,000 USD
Exports 18,380,000,000 USD
Imports 11,360,000,000 USD
Reserves of foreign exchange and gold 74,710,000,000 USD
External debt 3,020,000,000 USD
National currency Libyan dinars
National currency (code) LYD
National currency (symbol) ل.د
National currency rate to USD 1.413

The Italians supplanted the Ottoman Turks in the area around Tripoli in 1911 and did not relinquish their hold until 1943 when they were defeated in World War II. Libya then passed to UN administration and achieved independence in 1951. Following a 1969 military coup, Col. Muammar al-QADHAFI assumed leadership and began to espouse his political system at home, which was a combination of socialism and Islam. During the 1970s, QADHAFI used oil revenues to promote his ideology outside Libya, supporting subversive and terrorist activities that included the downing of two airliners - one over Scotland, another in Northern Africa - and a discotheque bombing in Berlin. UN sanctions in 1992 isolated QADHAFI politically and economically following the attacks; sanctions were lifted in 2003 following Libyan acceptance of responsibility for the bombings and agreement to claimant compensation. QADHAFI also agreed to end Libya's program to develop weapons of mass destruction, and he made significant strides in normalizing relations with Western nations. Unrest that began in several Middle Eastern and North African countries in late 2010 erupted in Libyan cities in early 2011. QADHAFI's brutal crackdown on protesters spawned a civil war that triggered UN authorization of air and naval intervention by the international community. After months of seesaw fighting between government and opposition forces, the QADHAFI regime was toppled in mid-2011 and replaced by a transitional government known as the National Transitional Council (NTC). In 2012, the NTC handed power to an elected parliament, the General National Congress (GNC). Voters chose a new parliament to replace the GNC in June 2014 - the House of Representatives (HoR), which relocated to the eastern city of Tobruk after fighting broke out in Tripoli and Benghazi in July 2014. In October 2015, the UN brokered an agreement among a broad array of Libyan political parties and social groups - known as the Libyan Political Agreement (LPA). Members of the Libyan Political Dialogue, including representatives of the HoR and defunct-GNC, signed the LPA in December 2015. The LPA called for the formation of an interim Government of National Accord or GNA, with a nine-member Presidency Council, the HoR, and an advisory High Council of State that most ex-GNC members joined. The LPA’s roadmap for a transition to a new constitution and elected government was subsequently endorsed by UN Security Council Resolution 2259, which also called upon member states to cease official contact with parallel institutions. In January 2016, the HoR voted to approve the LPA, including the Presidency Council, while voting against a controversial provision on security leadership positions and the Presidency Council’s proposed cabinet of ministers. In March 2016, the GNA Presidency Council seated itself in Tripoli. In 2016, the GNA twice announced a slate of ministers who operate in an acting capacity, but the HoR did not endorse the ministerial list. HoR and defunct-GNC-affiliated political hardliners continued to oppose the GNA and hamper the LPA’s implementation. In September 2017, UN Special Representative Ghassan SALAME announced a new roadmap for national political reconciliation. SALAME’s plan called for amendments to the LPA, a national conference of Libyan leaders, and a constitutional referendum and general elections. In November 2018, the international partners supported SALAME’s recalibrated Action Plan for Libya that aimed to break the political deadlock by holding a National Conference in Libya in 2019 on a timeline for political transition.  The National Conference was delayed following a failure of the parties to implement an agreement mediated by SALAME in Abu Dhabi on February 27, and the subsequent military action by Khalifa HAFTAR’s "Libya National Army" against GNA forces in Tripoli that began April 3. 

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There was one edit, no edits waiting approval. Last edited by wilkinson.michael(9581), Sep 16, 2019 (60 fields were changed)
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