The Libyan Investment Authority, in partnership with Deloitte and Oliver Wyman, has launched two transformation and investment appraisal projects, following an agreement with Deloitte to be the LIA's technical and consulting arm.

According to the LIA's statement, Deloitte's work will be limited to evaluate the assets and close the balance-sheet of the entities affiliated with the LIA.

The LIA has also presented the plan of its Board of Directors regarding the implementation of important stages of its transformation and governance strategy, as well as institutional building, pursuant to the principle of transparency, according to the LIA.

Economy