A statement by the Central Bank of Libya revealed, today, Tuesday, that the total state revenues during the ten months of the year 2022 amounted to approximately 92 billion and 200 million dinars, while the total government spending during the same period amounted to 71 billion and 700 million dinars, a surplus of about 20.5 billion dinars.
The Central Bank clarified in its statement that the state’s total revenues amounted to about 92.2 billion dinars, the largest proportion of which came from oil revenues, which amounted to 90.3 billion dinars, or about 98% of the total state revenues.
The Central Bank added that the total government spending during this year until the end of October amounted to 71 billion and 700 million dinars, including 32 billion and 600 million dinars for salaries, 7.4 billion for running expenses and more than 14 billion for support, in addition to about 17 billion for the National Oil Corporation and about 550 million for development.