Why Are Farmers Abandoning Their Trade In Libya?

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Libyan economic failures are forcing farmers to go out of work and abandon farming moving towards alternative sources of incomes.



Libyan farmers are losing hope as they are starting to desert their cultivations are moving elsewhere. The reason is high rise of prices of raw materials and supplies that are being used in agriculture. This has been confirmed by a report published by the London-based newspaper that writes on the Middle East.

Cost of living is high, and farmers are having to look for alternatives to fend for themselves and their families. According to many farmers who have spoken to this media source, price of agricultural inputs have doubled in the recent years and that imported goods have also caused severe damage to their local crops yields.

Financial losses are difficult to mitigate as the economy is already in doldrums for the longest time. Lack of supplies in the market and cost of living escalations has forced most farmers to shift to alternate modes of employment.  In total Libya encompasses around 1.67 million square kilometres, of which only two percent - or 3.6 million hectares - is arable land, according to estimates by the Ministry of Agriculture. Pastoral land accounts for 7.5 percent of the total area, 

Between 2016 and 2020, Libya received more than 30 percent of its wheat imports from Ukraine and 20 percent from Russia. Libya's economy is almost entirely dependent on oil exports, which constitute about 68 percent of the gross domestic product.

Oil exports make up at least 96 percent of the country's total exports, while oil revenues contribute to financing about 90 percent of the state's public revenues. According to Egypt’s Foreign minister and president designate of the 27th session of the United Nations Conference Sameh Shoukry, in his speech at the 77th session of the UNGA, a lot of food crisis in many Middle eastern nations is also because of the international community inability to achieve the Sustainability Development Goals.

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