The Central Bank of Libya stated in its report on revenues and spending for the year 2023, released on Sunday, that the budgetary item for salaries increased to approximately 65 billion dinars, representing a significant rise of about 38% compared to the year 2022.
The report clarified that the salary expenses during the past year 2023 amounted to 60 billion dinars, in addition to 4 billion dinars for the National Oil Corporation and 1 billion dinars for other entities. This marks a substantial increase from the previous year 2022, where salary expenses amounted to 47.1 billion dinars, and from the year before that, which recorded 33.1 billion dinars in salary expenses.