TRIPOLI—Libya expects to end a long-running liquidity crisis by early 2019 as a foreign currency tax helps the official and black market exchange rates converge at less than 3 dinars to the dollar, the Tripoli-based deputy prime minister said.
The chasm between the two rates has enabled armed groups and their allies to reap vast profits to fund the conflict that has engulfed Libya since 2011, when a NATO-backed uprising overthrew Muammar Gaddafi after more than four decades in power.
