Finance

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IMF warns Libya’s fiscal path is unsustainable despite oil windfall

Libya’s current fiscal trajectory is unsustainable and poses growing risks to macroeconomic stability, despite higher oil revenues, according to the International Monetary Fund (IMF) following its 2026 Article IV consultation.

UN warns global fragmentation threatening development gains as financing gap widens

Global fragmentation, escalating geopolitical tensions and armed conflicts are putting decades of development progress at risk, the United Nations (UN) has warned, urging governments to step up investment to meet internationally agreed development goals.