Libya Public Financial Management (LPFM)
Libya Public Financial Management (LPFM) assists Libya’s sovereign economic institutions in implementing transformational reforms to provide key public services. Through national-level interventions and institutional capacity strengthening, its support lays the groundwork for socio-economic stability in Libya and more positive prospects for its people. Results are enhancing government accountability and transparency, strengthening Libya’s electrical power grid, fighting corruption, and supporting the technical reunification of national institutions divided since Libya’s 2014 civil war. The period of performance is 2019-2024.
Libya Economic Acceleration Program (LEAP)
Poverty, unemployment, and inequality in economic opportunities within vulnerable communities played a role in Libya's current conflict and fragility. The Libya Economic Acceleration Project (LEAP) works with vulnerable communities, victims of conflict, private enterprises, and business development service providers to cultivate community cohesion and enhance private sector competitiveness. This new activity, which is fully funded by the U.S. Strategy to Prevent Conflict and Promote Stability, or the Global Fragility Act (GFA), focuses on promoting stability and preventing conflict in Libya's south by addressing economic inequality. As part of the GFA activities, LEAP is focusing on partnering with local businesses and organizations to increase economic opportunity, ultimately supporting locally driven peace and reconciliation efforts. The period of performance 2022-2026.