Planning Minister and World Bank Group Discuss Development Cooperation in Tripoli

Tripoli:Minister of Planning for the Government of National Unity, Mohammed Al-Zaidani, convened with Samih Ismail, Head of the World Bank Group Mission to Libya, to explore avenues for strengthening bilateral cooperation and enhancing partnership opportunities to support Libya's development and economic transformation projects.

According to Libyan News Agency, the meeting, held at the ministry's headquarters, was attended by officials from both the World Bank Group and the Ministry of Planning, including the Director General of the Planning Institute and the Director General of the ministry’s Information Center. The agenda focused on developing financing mechanisms for infrastructure projects, stimulating investment, and boosting private-sector participation to diversify the economic base.

The discussions also included potential cooperation in the electricity and renewable energy sectors, aiming to improve energy efficiency and support the transition to a green economy. Topics such as urban planning, balanced spatial development, human capital development, and entrepreneurship were highlighted, alongside improving the national data and statistics system.

Both parties underscored the necessity of creating a joint cooperation framework to identify priority programs and projects, along with potential technical and financial support mechanisms. This framework aims to enhance development planning efficiency, bolster economic sustainability, and expand partnership opportunities between the Ministry of Planning and the World Bank Group, aligning with the Sustainable Development Goals and national development priorities.