A monthly report of the Central Bank of Libya reveals the total revenues and expenditures for 2022 until the end of last May

The Central Bank of Libya said in a statement today, Monday, June 6, 2022, in a detailed report that the value of oil sales revenues as of May 31 amounted to 37.4 billion, the revenue from oil royalties amounted to 4.7 billion, and the revenue from royalties from previous years was 11.4 billion.

Tax revenues amounted to 602 million, while customs revenues amounted to 34 million, communications revenues amounted to 146 million, fuel sales in the local market amounted to 60 million, and other revenues amounted to 210 million, so that the total revenue in full to 54.6 billion dinars.

On the other hand, the total expenditures in Chapter One (salaries) amounted to 16.4 billion, Chapter Two (administrative expenditures) amounted to 2 billion dinars, and Chapter Three reached 118 million, which represents scholarships for students abroad for the first quarter of this year.

The fourth chapter on support worth reached 8.6 billion dinars and the exceptional budget amounted to 4 billion dinars, with a total expenditure in all chapters amounting to 31.1 billion dinars.