Economics and Business

The Central Bank of Libya releases revenues and expenditure figures from January 1 to August 31, 2020

Libyan Cloud News Agency – Tripoli

The Central Bank of Libya (CBL) has released the state revenues and expenditure from January 1 to August 31, 2020. The total revenues reached 3.627 billion Libyan dinars distributed as following:

Tax Revenues: 393 million

Customs Revenues: 88 million

Communications Revenues: 82 million

CBL Revenues: 200 million

Jihad Tax Revenues: 124 million

Services Revenues: 300 million

Fuel Revenues: 100 million

Oil Revenues: 2.340 billion

The total expenditure reached 23.439 billion dinars distributed as following:

Salaries: 14.446 billion

Operational Spending: 4.141 billion

Development Projects: 610 million

Subsidies: 3.917 billion

Emergency: 2.325 billion

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