Libya’s Central Bank Reports 15.2 Billion Dinars in Revenue and 7.3 Billion in Spending for 2023

The Central Bank of Libya indicated that government revenues between January 1, 2023 and February 28 amounted to 15.2 billion dinars, while government spending amounted to 7.3 billion dinars.

The central bank said that “revenues were distributed to 4.7 billion dinars from oil sales, 10.4 billion dinars from previous oil royalties, 31 million dinars from tax revenues, 25 million dinars from customs revenues and 63 million dinars from other revenues, while while revenues from communications and fuel sales are fixed.” in the local market.”

The central bank confirmed that “Foreign currency income transferred to it during the period covered by the report amounted to $3.2 billion, and total existing foreign currency use and liabilities for the same period amounted to $11.1 billion.”

The Central Bank said it continues its efforts to achieve the highest levels of disclosure and transparency in response to local and international requirements, highlighting its continued efforts to promote disclosure and transparency in cooperation and coordination with other government institutions.

Source: Middle Gate

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