The following lists events that happened during 1986 in Libya.
Incumbents Prime Minister: Muhammad az-Zaruq Rajab (until 3 March), Jadallah Azzuz at-Talhi (starting 3 March)
Events March 23 March - The Gulf of Sidra Incident.
April 15 April - U.S. aircraft bombs airfields and barracks within Libya.
After the bombing the country was renamed Great Socialist People's Libyan Arab Jamahiriya.
Gaddafi announces plans for a unified African gold dinar currency, to challenge the dominance of the US Dollar and Euro currencies. The African dinar would have been measured directly in terms of gold.
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