1.Governance - Political environment remains fragmented; new attempt at rectifying split between Tripoli and Tobruk authorities launched in March 2021 with the swearing-in of the Government of National Unity; Misratan politician Abdulhamid Dbeibeh named transitional prime minister in February 2021; presidential elections scheduled for December 2021 2.Economy - Economic output expected to have declined dramatically in 2020 amid coronavirus pandemic; IMF anticipates significant rebound in 2021, underscoring current volatile nature of Libyan economy 3.Security - Military conflict has largely been frozen after Turkish intervention halted and reversed LNA offensive on Tripoli; situation remains tense given fragility of political institutions 4.Military Market Prospects - Libyan entities remain under arms embargo, making prospects for arms sales limited; recent acquisitions appear to be equipment donated by interested external powers.
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