PROGRAM OVERVIEW

USAID’s Libya Public Financial Management (LPFM) activity advances Libya’s self-reliance and stability by:

• Strengthening the Government of Libya’s (GOL) public financial management (PFM) systems to improve budget transparency and more equitable distribution of Libya’s energy resources;
• Enhancing Libya’s energy efficiency, conservation, and reliability; and
• Improving Libya’s business enabling environment to stimulate private sector growth and investment.
  

  • Life of Program: Two years (with an option for up to three additional years)
  • Inception Date: September 16, 2019
  • Total Estimated Cost: $14.9 million *
  • USAID Implementing Partner: The Pragma Corporation

  * Subject to availability of funds, and a decision to exercise option years, total estimated cost is up to $55 million over five years.

  PROGRAM ACTIVITIES

  USAID’s LPFM will:

  • Build the capacity of the Ministry of Finance’s Macro-Fiscal Unit (MFU) to conduct economic forecasting necessary to inform Libyan decision-makers in budget development and execution
  • Promote fiscal decentralization in coordination with national and local institutions
  • Enhance civil society capacity to contribute to and oversee municipal budget formulation and execution.
  • Assist key energy sector partners to develop and implement a demand-side management action plan to improve efficiency and sustainability.
  • Stimulate private sector development through improved economic governance and the reform of associated laws, regulations, and policies.

  CONTACT INFORMATION : The Pragma Corporation . Tunis - Immeuble Emeraude Center - 8th floor. Bureau B8-1 and B8-2 - Les Jardins du Lac 2 - 1053 - Les Berges du Lac. Libya - Hay Al Andalus, Greater Tripoli. Tel : +216 71862387 or +216 71862379. Email: lpfm@pragmacorp.com .