The Central Bank of Libya revealed in a statement today, Thursday, that the total foreign exchange uses during this year until the end of May amounted to 18.7 billion dollars, while the total foreign exchange revenues supplied to the Central Bank of Libya during the first five months of this year did not exceed 9.8 billion dinars, i.e. with a deficit of 8 billion and 900 million dollars.
The Central Bank stated in its statement that, during the past five months, it had fed commercial bank accounts with an amount exceeding 8.7 billion dollars, of which the amount of 4 billion and 815 million dollars was for credits, the amount of 3 billion and 781 million dollars for personal purposes and the amount of 140 million dollars for transfers, while the largest value is from the uses of cash. The foreigner, according to the statement, was placed under the item “obligations to public entities,” with a value of $8.313 billion, without clarifying the nature of these obligations and their disbursement.
