Libya Moves to Digitize Economy with New National Identifier

The Tripoli based Libyan government authorized the Ministry of Economy and Trade to begin implementing the Unified Economic Number project yesterday. The initiative intends to create a single national identifier for all economic entities in Libya, integrating data and streamlining administrative processes.

The Ministry of Economy views this project as a crucial step in building a digital system to regulate economic activity and improve the business environment. A National Council for the Unified Economic Number will oversee implementation, approve plans, and establish standards for the project.

The government plans to link databases across ministries and public institutions, prioritizing data governance and digital transformation. Officials hope this will improve services, transparency, and attract investment as part of broader economic reforms and sustainable development efforts.