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Central Bank of Libya: “The total state revenues during January of 2023 amounted to about 5.9 billion dinars”

The Central Bank of Libya revealed, during its statement on revenues and spending issued today, Thursday, that the total state revenues during January of the current year 2023 amounted to about 5 billion and 900 million dinars, most of which came from oil revenues and royalties from foreign companies contracting with the National Oil Corporation.

The statement indicated that the state’s revenues during the month of January amounted to 5.9 billion dinars, including 4.7 billion dinars from oil sales and 1.1 billion dinars from royalties on oil companies, in addition to 29 million dinars from other sovereign revenues, which included 10 million dinars from customs revenues. And three million from tax revenues, and an amount of 16 million dinars from the revenues of financial services controllers in municipalities.

As for government spending, the Central Bank’s statement did not clarify the volume of spending during the month of January, given the delay in the arrival of data from the Ministry of Finance until the date of issuance of this report.

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