Libya Defence and Security Report 2017
BMI View: Libyan defence expenditure (in USD terms) will continue to post negative growth over the nexttwo years, before returning to positive growth the following years, starting from a low base. Althoughpolitical instability - set to remain the norm throughout our forecast period - will drive demand for militaryequipment across the ground, air and naval segments, the dire state of Libya's public finances will severelyconstrain the defence budget, especially in the short term. In addition, the ongoing restructuring of theLibyan armed forces and the UN arms embargo will further complicate new military procurement in theshort term.
Islamist State (IS) and other Islamist militant groups have suffered heavy losses in Libya over the pastyear. IS was ousted from its Sirte stronghold in December 2016, while domestic group Ansar al-Shariadissolved itself earlier in 2017.
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