Economics and Business

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

Libyan Cloud News Agency – Tripoli

The Central Bank of Libya (CBL) has released the state revenues and expenditure from January 1 to December 31, 2020. The total revenues reached 4.462 billion Libyan dinars distributed as following: 

Tax Revenues: 633 million

Customs Revenues: 132 million

Communications Revenues: 172 million

CBL Revenues: 300 million

Jihad Tax Revenues: 165 million

Services Revenues: 426 million

Fuel Revenues: 225 million

Oil Revenues: 2.409 billion

The total expenditure reached 37.310 billion dinars distributed as following:

Salaries: 21.817 billion

Operational Spending: 3.565 billion

Development Projects: 1.801 million

Subsidies: 5.600 billion including expenditures for medical supply, response to the Coronavirus, electricity, water and sanitation.

Emergency: 4.527 billion

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