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Central Bank of Libya: “Total state revenues amounted to 92.6 billion dinars during the year 2022”

Today, Wednesday, the Central Bank of Libya issued a monthly statement of public revenues and spending, in which it showed the total state revenues during this year until the end of November amounted to 92.6 billion dinars, while the total expenditure during the same period reached 85.7 billion dinars, i.e. a surplus of 6 billion and 900 million dinars.

The Central Bank stated that the total government spending during this year amounted to 85.7 billion dinars, of which 40.9 billion dinars were allocated for salaries, 19.2 billion for the National Oil Corporation, 17 billion dinars for subsidies, 7.9 billion for operating expenses, in addition to 614 million dinars for development.

The Central Bank also revealed, during its statement, that the total state revenues amounted to 92.6 billion dinars, explaining that more than 97% of these revenues came from the sale of oil products, which amounted to about 90.3 billion dinars, while the total other sovereign revenues were 2.3 billion dinars.

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