The Central Bank of Libya (CBL) has released the state revenues and expenditure from January 01 to July 31, 2020.

According to the report, the CBL stated that the total revenues reached 3.346 billion Libyan dinars.

It reported that it had received oil revenues for this period of LD 2.218 billion, while Tax Revenues were 304 million.

Other revenues were distributed as following; Customs Revenues:

• Customs Revenues: 88 million
• Communications Revenues: 82 million
• CBL Revenues: 175 million
• Jihad Tax Revenues: 83 million
• Services Revenues: 295 million
• Fuel Revenues: 100 million

As far as expenditures are concerned, the CBL said that the total expenditure reached 19.077 billion dinars distributed as following:

• Salaries: 10.940 billion
• Operational Spending: 1.892 million
• Development Projects: 610 million
• Subsidies: 3.312 billion
• Emergency: 2.323 billion

The Central Bank also stated that the total funds approved by the Ministry of Finance to face the Coronavirus pandemic amounted to 847 million dinars, of which 562 million were allocated to the Ministry of Health.

 The Bank added that 49 million dinars were allocated for municipalities and local councils, 95 million dinars were allocated for Military Medicine, and 35 million for the Ambulance and Emergency Services, whilst 65 million were for the Medical Supply Services and 41 million for Libyan embassies and consulates abroad.