Opportunities for establishment of financial market in Libya

Date

2007-6

Type

Article

Journal title

ACTA, Mendel.Brno

Issue

Vol. 2007 No. 7

Author(s)

Aljbiri Atia Milad

Pages

9 - 16

Abstract

The main purpose of this paper is to show the importance of financial markets to the Libyan economy At present, the country is preparing to establish a financial market as a requirement of economic reform with its goal to achieve economic stability and improve the volume of investment, as well as raising the growth rate. As the analysis in this paper shows, there are achievements with respect to the financial indicators, but it is limited with respect to the volume of investment and the level of incomes. This leads to the importance of establishing the financial market which is one of the primary requirements to achieve these goals.

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