Macroeconomic Foundation for Growth

$500K USD

Funder	U.S. Agency for International Development
Recipient Organization	World Bank Group
Country	Libya
Start Date	Dec 14, 2024
End Date	Mar 19, 2028
Duration	1,191 days
Number of Grantees	2
Roles	Recipient
Data Source	US Foreign Aid
Grant ID	`225178-76`

Grant Description

Establish a stable and predictable macroeconomic environment that encourages the private sector to make productivity- and growth-enhancing investments.

A solid macroeconomic foundation for growth consists of stable fiscal and monetary policies and institutions and the ability of the government to utilize these tools, in concert, to manipulate the economy.