Economics and Business

The Central Bank of Libya releases revenues and expenditure figures from January 1 to November 30, 2020

Libyan Cloud News Agency – Tripoli

The Central Bank of Libya (CBL) has released the state revenues and expenditure from January 1 to November 30, 2020. The total revenues reached 4.239 billion Libyan dinars distributed as following: 

Tax Revenues: 609 million

Customs Revenues: 115 million

Communications Revenues: 122 million

CBL Revenues: 250 million

Jihad Tax Revenues: 165 million

Services Revenues: 378 million

Fuel Revenues: 200 million

Oil Revenues: 2.409 billion

The total expenditure reached 29.539 billion dinars distributed as following:

Salaries: 18.024 billion

Operational Spending: 3.042 billion

Development Projects: 557 million

Subsidies: 5.100 billion including expenditures for medical supply, response to the Coronavirus, electricity, water and sanitation.

Emergency: 2.816 billion

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