The United Nations Economic and Social Council said Libya's real GDP grew in 2017. According to a report prepared by the Council on Wednesday, high oil and gas prices supported Libya's real GDP growth, and they expected that growth to remain at the same pace for 2018 thanks to improved prices and fuel production.

The report excludes Libya from its forecast of 3.5 to 3.7 percent growth in Africa in 2018 and 2019, adding that it is estimated that African economies have expanded by a percentage of 2.6 with the exception of Libya, which they estimated a growth of 1.7 percent in 2016.

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