Libyan Investment Authority Hired Deloitte for COVID-19 Impact Study
Posted on 07/22/2020
The Libyan Investment Authority (LIA) hired Deloitte to draft an evaluation plan to counter the impact of the novel coronavirus pandemic and lockdown on the performance of its investment portfolio and portfolio companies. The results of the report revealed that 18 of LIA’s company investments were in the areas of hotels, oil and gas industries. Some of these recommendations include debt rescheduling, reducing company costs, and seeking alternative means of financing.
