مجلة دراسات الإنسان و المجتمع

This study addressed the topic of the reality of monetary and financial policies in the Libyan economy by highlighting these policies, through statistics and economic indicators that reflect the details of each policy and its tools and the possibility of their application in light of the crises that the Libyan economy is going through from 2011 to 2019. This paper aimed to present a theoretical framework for the definition of monetary and financial policy, and to demonstrate the importance of these policies in the economy, in addition to examining the tools of monetary and financial policy in order to achieve an expansionary or contractionary goal in the monetary or financial aspect of the state. The paper concluded with a set of results, the most important of which are: After presenting the theoretical framework, it became clear that there is a weak effectiveness of the tools as a result of the lack of coordination between the policies in practicing their work within the economy, in addition to there are challenges facing each policy, represented in the high prices as a result of the deterioration of the value of the Libyan dinar against foreign currencies And the decrease in the yield of oil revenues for security and warfare reasons, the high degree of economic exposure to the outside world, through the difference between exports and imports, and the spread of financial and administrative corruption that affected most of the state's institutions and institutions. Key words: monetary policies, financial policies, the Libyan economy