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The Central Bank of Libya reveals a surplus during the first four months of 2022, amounting to 30 billion dinars

Central Bank of Libya, Tripoli

The Central Bank of Libya revealed in a statement today, Wednesday, that it achieved a surplus during the first four months of 2022 at a value of 30 billion dinars, indicating that the total revenues during this period amounted to 52.9 billion dinars, while the total expenditures did not exceed the amount of 22.9 billion dinars.

The Central Bank clarified in its statement that most of the revenues achieved during the four months of this year came from oil revenues, which amounted to 37.4 billion dinars, in addition to taxes on oil companies, which amounted to 3.2 billion dinars this year, and an additional amount of 11.4 billion dinars from previous taxes.

As for the sovereign revenues, they did not exceed the amount of 900 million dinars, distributed between tax revenues of 521 million dinars, and only 30 million dinars for customs revenues, 146 million dinars from communications revenues, and 60 million dinars from the sale of fuel in the local market, in addition to other revenues of 194 million dinars. .

As for expenditures, the Central Bank statement revealed that the bulk of spending during the first four months of this year was on salaries, which amounted to 13.3 billion dinars, while the total expenditures on support amounted to 8.1 billion dinars, in addition to 1.5 billion to cover operating expenses.

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