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Libyan government launches Unified Economic Number Project for digital transformation
via Libya Herald1 min read
The Tripoli-based Libyan government has issued Decision No. 348 of 2026, authorizing the Ministry of Economy and Trade to begin implementing the Unified Economic Number project. This initiative aims to create an integrated digital system to regulate economic activity, promote digital transformation, and enhance the business environment in Libya. The project mandates a single national identifier for all economic, commercial, and investment entities, unifying data, streamlining administrative procedures, and improving service efficiency. A National Council for the Unified Economic Number, chaired by the Minister of Economy and Trade, will oversee the project's implementation, work plans, and policies. The Ministry emphasized coordination with various government bodies to link databases and exchange information, aiming to improve service quality, transparency, and support decision-making, ultimately fostering a more efficient and attractive investment climate. This decision aligns with the Tripoli government's efforts to modernize economic services and develop digital infrastructure, ensuring adherence to international best practices and advancing economic reform and sustainable development.
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This summary was AI-generated from a story originally published by Libya Herald.
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