Encouraging Economic Diversification in Libya Through Public Private Dialogues

The EU-OECD project on Promoting Public-Private Dialogue (PPD) in Libya (2020-2023) demonstrated how dialogue can serve as a cornerstone of economic transition. By engaging over 200 public and private institutions, the process helped reduce fragmentation, build trust, and identify priority reforms to foster diversification and private sector development. A key lesson learned is that inclusive dialogue is not only a mechanism for reform design but also for strengthening governance, accountability, and stakeholder ownership. Sectoral consultations revealed strong potential in Banking and Financial Services, Agribusiness, ICT, Infrastructure and Construction, and Transport and Logistics, which are critical areas for job creation, competitiveness, and resilience. PPD also highlighted that reforms require modernised legislation, clearer communication channels, and targeted incentives for the private sector to thrive. Ultimately, the project showed that PPD is more than consultation: it is a practical tool for aligning national recovery efforts with sector-specific strategies and sustainable economic growth.