State of Libya

Join Date
Projects
47
Completed
42
Active
5
Total Funding
802m
Capital Subscription
4.8bn
% Total Capital
9.43%

Libya joined the IsDB on August 24, 1974 as a founding member. The Board of Executive Directors has approved the first IsDB operation in Libya on July 10, 1980 and the latest operation was approved on July 25, 2017. Its capital subscription is ID 4,771.7 million (9.47%). Libya has a population of 6.5 million and a country land area of 1.8 million sq km. In 2017, GDP per capita was estimated at US$ 6,700, placing it among the group of upper middle-income countries. Libya has settled all its dues to IsDB in pursuance to its policy to reduce external debt of the country to a minimum level.

Governor
H.E. Faraj Abdulrahman Bumtari
Minister of Finance
Alternate Governor
H.E. Abubakar Khalifa Al-Allagui
Director of the Financial Institutions and Technical Cooperation Department at the Ministry of Finance