The Research and Statistics Department of the Central Bank of Libya revealed that the total assets of the Libyan foreign bank amounted to about 18 billion US dollars, or the equivalent of about 87.3 billion dinars, at the end of the fourth quarter of 2022.
The economic bulletin issued by the Central Bank indicated that public financial revenues amounted to 134.4 billion dinars during the year 2022, while expenditures amounted to about 127.9 billion dinars, divided into the chapters of the general budget, salaries of 50.8 billion dinars, management budget of 23.3 billion dinars, the development budget and the National Oil Corporation 33.7 billion dinars, while Support record about 20 billion dinars.
The Research Department added that the data issued by the Ministry of Planning – the Department of Statistics and Census indicate that the general consumer price index rose during 2022 to record 288.3 points, an increase of 12.6 points on an annual basis, compared to 275.7 points during the year 2021, to record an inflation rate of 4.6%. .
The Research Department indicated that the inflation rate during the year 2022 on an annual basis recorded an increase in all commodity groups, most notably the increase in the prices of the housing, water, electricity, gas and other fuels group by 7.9%, the increase in the prices of the transport group by 7.0%, while the prices of the foodstuff group increased by 4.4%. The prices of the clothing and footwear group increased by 4.3%, and the prices of the other goods and services group increased by 3.9%.
The Department of Research and Statistics also indicated that the index was in the foodstuff group reached 327.8 points, an increase of 13.8 points, equivalent to 4.4%. The index for the tobacco group scored 264.7 points, an increase of 0.5 points, equivalent to 0.2%. The index for the clothing and footwear group scored 434.6 points, an increase of 18.0 points, equivalent to 4.3%. .
The index for the housing, water, electricity, gas, and other fuels group increased, as it scored 191.3 points, with a noticeable increase of 14.0 points, equivalent to 7.9%. Likewise, the index for the furniture and home appliances group increased by 12.7 points, to record 365.9 points, or 3.6%. As for the health group, it scored 348.8 points, an increase of 11.2 points, or 3.3%.
The Research Department indicated that the bulletin contained recent data for Libya’s balance of payments for the year 2021, as the total balance recorded a surplus of about 6 billion Libyan dinars, while the trade balance of Libya recorded in the same year overflowed with 65.7 billion dinars, and the “commercial account” of Libya recorded in the year 2021 overflowed with about 24.5 billion dinars.