Abstract
Rentier state economies present unique challenges to managers, particularly in terms of market volatility and reliance on a single revenue source. This thesis argues that effective financial planning is critical to managing these challenges and achieving sustainable economic development. Using Libya as a case study, this thesis will examine the role of financial planning in managing rentier state economies and assess its effectiveness in achieving macroeconomic stability, diversification, and sustainable growth. The research will analyze financial planning tools and techniques through discussing the term “Rent economy” within the Libyan context, effective financial planning tools and their potential impact and present practical and suitable recommendations. The findings of this research will provide policymakers with actionable insights into how financial planning can be used to strategically manage rentier state economies, mitigate economic risks, and foster sustainable development.