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Central Research Department: “The total assets of the Libyan Foreign Bank amounted to about $17 billion”

Central Bank Raises Concerns Over Accumulated Debts and Mismanagement of Treatment Expenses
Central Bank of Libya

Today, Monday, the Research and Statistics Department of the Central Bank of Libya published the data of the economic bulletin during the third quarter of the current year 2022, stating that the total assets of the Libyan Foreign Bank amounted to about 17 billion US dollars, or the equivalent of about 85.8 billion dinars, as the balance of loans and facilities granted by commercial banks was recorded at the end of the quarter. The third is about 21.6 billion dinars, compared to 21.2 billion dinars at the end of the previous quarter.

The economic bulletin issued by the Central Bank of Libya indicated that public finance revenues amounted to 89.6 billion dinars during the first nine months of this year, while expenditures amounted to about 67.2 billion dinars, divided into chapters of the general budget, salaries of 33.1 billion dinars, management budget of 12.6 billion dinars, and the development budget of 8.9. One billion dinars, as support amounted to about 12.6 billion dinars.

The Research Department added that the data issued by the Statistics and Census Authority at the Ministry of Planning indicate that the general consumer price index rose during the third quarter of this year 2022 to record 289.2 points, an increase of 11.9 points on an annual basis, compared to 277.3 points during the third quarter of the previous year. , to record an inflation rate of 4.3%.

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