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 World Bank Signs a US$1,000,000 Technical Cooperation Agreement with The Socialist People’s Libyan Arab Jamahiriya to Support The Reform Process in The Field of Economic and Social Development
08/2007
The World Bank and the National Planning Council (NPC) of the Socialist People’s Libyan Arab Jamahiriya signed a Technical Cooperation Agreement for a Joint Economic Advisory Program to support and further Libya’s reform process. The Technical Cooperation Agreement is initiated for the period from July 1, 2007 to June 30, 2008 with a total budget of US$ 1,000,000, contributed jointly by the World Bank and the NPC.
Through this agreement, the World Bank will provide the Socialist People’s Libyan Arab Jamahiriya with technical assistance in the economic and social fields. The activities that will be implemented during this first working period of the Joint Economic Advisory Program are based on sectors that the National Planning Council considers as high priorities. They include:
- a review of public expenditures in social and infrastructure sectors, with a view of providing policy advice to enhance efficiency and effectiveness of these expenditures;
- a review of the investment climate and private sector development and
- technical assistance in sectoral strategies and reform design and in other areas as defined and requested by the National Planning Council.
The NPC will make a seventy-five per cent (75%) contribution to the total cost of the Joint Economic Advisory Programduring this first working period (July 2007 - June 2008) and subsequent years. The World Bank and the NPC will, at the beginning of each working period, agree on the studies and related activities to be included in the annual program.
“This Technical Cooperation Agreement sets the stage for a fruitful assistance between the World Bank and Libya. The World Bank hopes to make a meaningful contribution in assisting Libya with its economic transition process, towards the objective of transforming its oil wealth into sustainable development that benefits all its citizens,” commented Mr. Theodores Ahlers, World Bank Country Director for Algeria, Libya, Morocco and Tunisia.
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Tripoli, Lybia, march 20-21, 2007
1st International Conference on Banking Finance in Libya
02/2007
1st Conference on Banking and Finance in Libya: Opportunities and Challenges, that will take place on March 20-21, 2007 at the Corinthia Bab Africa Hotel, Tripoli, Libya.
This high level and unique conference will give executives from the regional and international banking and finance sectors, a complex insight and rare opportunity to network with some of Libya?s most influential government officials. A comprehensive programme will analyse the significance and impact of the banking reform programme, it will also assess how and when the proposed changes will take place and what opportunities lie ahead.
Objectives :
• Support the role of the banking and financial services sector to facilitate its role in serving the Libyan economy
• Create a positive and open platform from which to debate the salient issues impacting the development and promotion of the banking and financial services sector in Libya
• Encourage and promote co-operation between the Libyan banking sector and international banking and financial organisations and institutions
• Introduce new strategies that further advance banking techniques and practices in Libya
Government Officials include :
• Mohammed H. Layas,Chairman, Arab Banking Corporation, Bahrain
• Ahmad Ali Kajman,Executive Manager,The Waatassemo Foundation, Libya
• H.E. Farhat Omar Bengdara,Governor,The Central Bank of Libya Fiscal policy in Libya
• Abdulfattah Ghaffar,General Manager,Umma Bank, Libya
• Hadi Jtelly,Chairman,Wafa Bank, Libya
• Dr. Salem Al-Gmati (subject to final confirmation),Chairman,Sahara Bank, Libya
• Suliman Salem Alshohomiy,General Director,The Libyan Exchange Stock Market
• Dr. Khalid Zantouti,General Manager,The Long Term Libyan Portfolio, Libya
• Sedik Shaibi,General Manager,Development Bank, Libya
• Mohamed Najib Al Jamal,General Manager,Libyan Foreign Bank, Libya
• Al Boushy Allafi, General Manager,The Tax Authority, Libya
International Speakers include :
• Rainer Geiger,Deputy Director, Financial, Fiscal and Enterprise Affairs Directorate, The Organisation for Economic Co-operation and Development, France
• Florence Eid, Vice President Senior Economist for the Middle East/North Africa Region, Emerging Markets Strategy, JP Morgan, UK
• Esam Janahi, CEO Board Member,Gulf Finance House Investment,Bank, Bahrain
• Dr.Ahmed Attiga,Country Manager Head of Mission,The World Bank, Jordan
• Hesham Hamdy,Chief Risk Officer, Bank of Alexandria, Egypt
• Andreas Koutras, Head of IRD Structuring
• Jean-Sylvain, Forneri, Head of IRD Distribution, Central Eastern Europe,Middle East and Africa, Calyon, France
• Dr.Harald Raffay,Head of International Division, Malta Bank Ltd (BAWAG), Malta
• Bassam Al Tamimi, Manager,North Africa and Mediterranean Group, Project Trade Finance Dept, APICORP, KSA
• Ahmed Abbas,CEO,Liquidity Management Centre, Bahrain
• Adel A. Saudi, Managing Director Abdulla Boulsien, Executive Director, Taureg Capital, UK
• Aref Ali Nayed,Managing Director, Agathon Systems Ltd,UAE.H. Bouldoukian,Head, Financial Institutions in MENA Countries, Bank of Beirut, Lebanon (Former Deputy Governor, Central Bank of Lebanon)
• Johnny Harb, Vice President, Haydrian MENA, Egypt
• Neale Downes, Partner, Banking Finance Practice, Trowers, Bahrain
• Dr. Abdel Gadir Warsama Ghalib,Manager, Legal Dept, Bank of Bahrain Kuwait, Professor of Law, American University, Bahrain
How to register :
Tel: +97 14 336 9992
Fax: +97 14 336 0116
E-mail: jessy.varghese@ibcgulf.ae
Website: www.ibcgulfconferences.com
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Malta
"Prospects of business opportunities in Libya"
05/2006
Présentation de M. H. Bouldoukian, Head - Financial Institutions, MENA Countries, Bank of Beirut s.a.l. à la conférence sur "Succeeding in Libya Strategies for new business opportunities 2006".
Lire la présentation en Power point (650 Ko)
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