Libya Defence & Security Report 2016

May 25, 2016 - Business Monitor International - 33 pages - USD $1,295
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Libyan defence expenditure will expand over the next five years; although growth is starting from a low base, and as such, the overall size of the defence budget remains small on a global scale. We expect political instability to be the norm over the coming years and rising Islamist militancy will create demand for military equipment across the ground, air and naval segments. However, major purchases will be delayed over the medium term due to severe financial constraints, the ongoing restructuring of the Libyan armed forces and the reluctance of the international community to allow arms deliveries into Libya's highly fragile security environment.

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