Libya is advancing efforts to strengthen sustainable development financing through a high-level policy dialogue focused on innovative approaches to mobilizing investment and supporting national priorities.
The Ministry of Finance, in partnership with the United Nations Resident Coordinator’s Office and the United Nations Development Programme (UNDP), brought together government representatives, financial institutions, private sector leaders, development partners and civil society organizations in Tripoli to explore new financing models for long-term development.
The discussions highlighted the importance of moving beyond traditional public finance sources by creating stronger partnerships between the government, private sector and international development actors. Participants emphasized that sustainable financing will be essential for achieving the Sustainable Development Goals and supporting inclusive economic growth.
Deputy Minister of Finance Mustafa El-Barouni highlighted the government’s commitment to expanding cooperation with regional and international financial institutions while creating better opportunities for businesses of all sizes to access financing and contribute to economic development.
Officials noted that effective financing is not only about increasing available resources but also about ensuring that investments are managed transparently, efficiently and equitably to generate measurable benefits for communities across Libya.
UN representatives stressed that transforming development priorities into practical outcomes requires coordinated action, stronger partnerships and financing solutions aligned with Libya’s national goals.
The policy dialogue represents part of broader efforts to improve cooperation among public institutions, development organizations and private sector stakeholders. By exploring new financing approaches, Libya aims to unlock investment opportunities, strengthen economic resilience and support sustainable development.
The initiative reflects a growing focus on innovative financing strategies that can help countries address development challenges while creating foundations for inclusive growth and long-term prosperity.
