The article explores inflation in Libya from 1964 to 2010. It shows that factors like government spending, money supply growth, global inflation, and exchange rates affect inflation. Inflation inertia also plays a big role. The study suggests that when international sanctions were imposed and lifted, it had a significant impact on inflation. The findings indicate that changes from a stable inflation path lead to adjustments in inflation dynamics. Better coordination between monetary and fiscal policies could help balance economic growth and price stability.