UK Export Finance demonstrates its commitment to Libyan reconstruction
UKEF increases risk capacity for Libya to £375 million.
![](https://assets.publishing.service.gov.uk/media/65e72e713f6945a006036063/s300_Main_UKEF_cover_image.png)
UK Export Finance has increased its risk capacity for Libya to £375 million – up from the £150 million made available immediately after hostilities ended in September.
The increase was announced by the Minister for Trade, Lord Green, at the UKTI conference Rebuilding Libya: The Opportunities for British Business.
UK Export Finance chief economist Paul Radford said:
“This increase reflects the improvements in stability we have seen since the end of hostilities. As well as increasing our capacity to support British businesses, it sends a clear signal that the UK Government will do all it can to support the Libyan people in rebuilding their country.”