Improving SME Policy in Libya

 

Supporting SMEs and entrepreneurship in Libya will be essential to support post-conflict recovery in the short term, and economic diversification in the long term. 


Reforming Libya’s business climate: The role of SME and investment policies 

11-12 July 2018 | Tunis | Tunisia


A workshop in Tunis  will be organised on 11-12 July 2018 to discuss the latest draft of the SME Law, take stock of the main challenges Libya faces in attracting investment and discuss reform priorities in the areas of investment policy and promotion.

 

Project description

The OECD has been working with Libya since 2013 under a project funded by the MENA Transition Fund - an initiative of the G7 Deauville Partnership. The goal of the project is to support SME and entrepreneurship in the country, and we have been actively engaged working with Libya Enterprise and other key stakeholders. The project comprises five key components:


SMEs in Libya Reconstruction cover• Component 1: Developing a Diagnostic study providing an in-depth look of the SME environment in Libya. The report was officially launched on 3 October 2016 during the MENA-OECD Ministerial. (See final report: SMEs in Libya's Reconstruction. Preparing for a Post-Conflict Economy)

‌• Component 2: Developing a short-Term Action Plan to support SME policies.

• Component 3: Improving the Legal framework for enterprise creation and growth, supporting Libya Enterprise in the development of an SME bill.

• Component 4: Assisting in the implementation, building on the Short-Term Action Plan and building capacity within Libyan institutions.

• Component 5: Improving access to finance for SMEs, assessing and assisting in the establishment of an SME funding mechanism.


Recent news

Workshop: SME Development Strategy in Libya, 2 May 2018 – Tunis, Tunisia

The MENA Competitiveness Programme, in collaboration with Libya Enterprise, organised the First Quarterly Monitoring Meeting on implementation of the Short-term Action Plan. The main objectives of the meeting were to:

  • collect information on the initial progress achieved in the implementation of the Short-term Action Plan
  • promote the sharing of problems experienced by the implementers and the exchange of solutions and good practices between participants
  • review, if necessary, the specific indicators and activities under the Short-term Action Plan 
  • endorse the reporting mechanisms used by the Pillar leads and the General coordination, and any modifications to the Short-term Action Plan

Agenda

Resources

 

 

 

Contact‌

For further information, please contact:
MENA.Competitiveness@oecd.org

 

 

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