The Central Bank of Libya announced on Thursday that total revenues from January to November of the current year reached 115.3 billion dinars, compared to expenditures of 107.5 billion, resulting in a surplus of 7.9 billion dinars. Meanwhile, the foreign-currency deficit amounted to 7.8 billion dollars, which was covered through returns from the Central Bank’s investments, deposits, bond portfolios, and gold. Foreign assets also recorded gains of 2.2 billion dollars, bringing total assets to 99.4 billion dollars.
The statement clarified that revenues from the fee imposed on foreign-currency sales amounted to 21.4 billion dinars. The Bank distributed liquidity worth 94 billion dinars from the beginning of 2025 until the end of November. Salaries reached 61.2 billion dinars, operating expenses 5.8 billion, development spending 7.2 billion, and subsidies 33.3 billion dinars.
The Central Bank added that total uses of foreign-currency sales reached 28.5 billion dollars, including letters of credit worth 14.1 billion, personal transfers of 7.5 billion, wire transfers of 696 million dollars, and small-trader card payments of 120 million. It revealed that 317.6 million dollars were spent on salaries of employees abroad, 120.8 million on allowances for students studying overseas, 93.3 million on overseas medical treatment, 584.6 million for the National Oil Corporation, 2.6 billion for fuel, 253.2 million for medical supplies, 683.3 million for electricity, and more than one billion dollars in transfers for other entities.
Regarding expenditures for the country’s four main political bodies—the Government of National Unity, the Presidential Council, the House of Representatives, and the High Council of State—the statement indicated that total spending reached 5.7 billion dinars. Spending by the Government of National Unity’s Cabinet alone amounted to 218.9 million dinars, the House of Representatives spent 74.7 million, the Presidential Council 48.6 million, and the High Council of State 44.4 million dinars.
The Central Bank’s statement also disclosed expenditures for ministries under the Government of National Unity:
- The Ministry of Finance: 25.4 billion dinars
- Ministry of Interior: 5.9 billion dinars
- Ministry of Defense: 3.8 billion dinars
- Ministry of Local Governance: 2.7 billion dinars
- Ministry of Social Affairs: 14.9 billion dinars
