Libya
< All members
The Libyan Transparency Association (LTA – TI National Chapter) has extensive experience of more than 12 years in enhancing transparency, drawing up the national strategy, combating corruption, combating transnational organised crime and reducing corruption risks, as well as the integrity system and good governance in institutions and local government units. They have organised the First Libya Transparency Round Table, ‘Libya’s oil and finance future begins now’ on 13-14 December 2011 in Tripoli – Libya.
Back in 2012, LTA provided comments to the SEC (Securities and Exchange Commission) on the proposed rules regarding disclosures of payments.
LTA is a member of UNCAC (United Nations Convention Against Corruption) and ACINET (Arab Anti-Corruption and Integrity Network).
They have organised recently, in collaboration with UNDP, a roundtable in Tripoli on promoting culture of integrity and transparency.
Member organisations
| The Libyan Transparency Association (LTA) |
Mr. Ibrahim Ali Key Facts
Libyan economy depends primarily on revenues from the oil sector; 97% of exports and 54% of GDP
The country holds the largest proven oil reserves in Africa, and the 10th worldwide
Apart from oil, the other natural resources are natural gas and gypsum
Libya faces many structural problems including a lack of institutions, weak governance, and chronic structural unemployment.
The country joined OPEC in 1962 and main companies operating there are Rosneft, Eni, Total, and Schulmberger.
Social channels