Our confidential source from the Central Bank of Libya disclosed the actual public expenditure from 2021 until the end of 2023, amounting to 420 billion dinars. Of this amount, 340 billion dinars were expenditures made through the accounts of the Ministry of Finance at the Central Bank of Libya, and 80 billion dinars for the years 2022 and 2023, at a rate of 40 billion dinars annually, spent by the National Oil Corporation for importing fuel to the Libyan market under what is known as the barter system, falling under the fourth item of the support category.
The Central Bank source added that the expenditures incurred by all state institutions, whether through the central bank or government institutions, are government expenditures under the auspices of the Government of National Unity and must be included. This follows the same approach adopted by the Libyan Audit Bureau when determining the size of government spending.