Key Figures

Chief of State:
Chairman of the Presidential Council Fayez al-Sarraj
Head of Government:
Prime Minister Fayez al-Sarraj

Overview

Government Name:
State of Libya
Constitution:
Currently N/A; General National Congress drafting a constitution.
Government Type:
Transitional Government
State of Libya Flag
Coat of Arms of State of Libya

Index of Economic Freedom

Grades each country on a scale of 0 to 100, based on ten freedoms, with 100 representing the greatest amount of economic autonomy from government intervention. Source: Heritage Foundation (2012)

Country Risk Rating

E
The highest-risk political and economic situation and the most difficult business environment. Corporate default is likely. Source: Coface (2018)

Government Branches

Main Powers Election Process Election Cycle 1
Executive

The president and prime minister are in charge of executory tasks during transition.

Prime minister and General National Congress president elected by the National Congress.

Information not available

Judicial

Currently does not exist.

Currently does not exist.

Currently does not exist

Legislative

In charge of electing president, prime minister, approving cabinet, creating legislature for new government and a new constitution.

General National Congress members are elected through a system of parallel voting with 120 members elected by plurality vote from 40 single member and 29 multi member constituencies, 80 members elected through party-list proportional representation in 20 constituencies The Constituent Assembly has 20 seats elected by simply majority in 42 single-member and 8 multi member districts.

Information not available

Regional Trade Blocs

International Organization Participation [2]

Environmental Agreements [3]

Tax Information [2]

Tax Authority:
Information not available
Tax Name:
Information not available

Sources:

  1. ElectionGuide http://www.electionguide.org/
  2. EY, http://www.ey.com
  3. CIA World Factbook, https://www.cia.gov/library/publications/the-world-factbook/
  4. U.S. Bilateral Relations Fact Sheets http://www.state.gov/r/pa/ei/bgn/