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Economic Growth

Speeches Shim

LWEE
LWEE

USAID is strengthening the ability of national and local authorities to carry out transparent public financial management as well as advancing job creation, entrepreneurship, and workforce development for at-risk populations.

Economic Empowerment

USAID assistance unlocks the untapped economic potential of nascent entrepreneurs and enables more citizens to contribute to Libya’s economic growth and political stability. USAID does this through the Libya Economic Empowerment (LEE) Program.

Libya Economic Empowerment (LEE)

LEE fosters entrepreneurship for women and youth through business training and access to financing. LEE also strengthens networking opportunities and market linkages for the business community. The period of performance is 2013-2020. LEE was completed in March 2020.

Libya Economic Empowerment (LEE) Factsheet

Economic Stabilization

USAID is helping strengthen public financial management (PFM) in Libya at both national and municipal levels for enhanced government legitimacy and delivery of basic services. USAID is also helping enhance Libya’s capacity to deliver reliable electricity in a fiscally responsible and sustainable manner; and assisting selected high-growth Libyan private firms to expand and create jobs for members of at-risk populations, including youth. USAID does this through the Libya Public Financial Management (LPFM) Program.

Libya Public Financial Management (LPFM)

LPFM helps the Government of Libya strengthen macroeconomic and fiscal foundations for sustainable and inclusive growth by improving financial management at the national and sub-national levels, making the business enabling environment more conducive to growth, and supporting energy sector reforms. The period of performance is 2019-2024 (2 base years + 3 option years).

Libya Public Financial Management (LPFM) Factsheet