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Central Bank Statement for 2025 Reveals Revenue–Expenditure Parity and Widening Deficit, with Its Positive and Negative Indicators

The statement issued by the Central Bank of Libya disclosed revenues and expenditures for the period from 1 January to 31 December 2025. Revenues amounted to LYD 136.9 billion, while expenditures totaled LYD 136.8 billion. The statement explained that the deficit reached USD 9 billion, which was covered by returns from the Central Bank’s investments, resulting in a surplus of USD 1.7 billion. Foreign currency sales recorded USD 31.1 billion, while revenues remitted by the National Oil Corporation reached USD 22.1 billion. Reserves stood at USD 99.4 billion, and the fee imposed on the sale of foreign currency amounted to LYD 23.2 billion.

The statement also detailed the total expenditures of the four councils. Spending by the Council of Ministers of the Government of National Unity amounted to LYD 354.1 million, with its affiliated entities spending LYD 7.6 billion. The House of Representatives spent LYD 104.7 million, with its affiliated entities spending LYD 1.3 billion. The High Council of State and its affiliated entities spent LYD 78.3 million, while the Presidential Council spent LYD 753.8 million.

The Central Bank statement further revealed that spending by sovereign ministries in 2025 amounted to approximately LYD 45 billion across the ministries of finance, defense, interior, and justice. Expenditures of the Ministry of Finance reached LYD 29.9 billion, the Ministry of Defense LYD 4.8 billion, the Ministry of Interior LYD 7.9 billion, and the Ministry of Justice LYD 2.4 billion during 2025.

The statement continued: the Ministry of Oil and Gas spent LYD 21.1 billion in 2025, while expenditures of the Ministry of Foreign Affairs reached LYD 3.8 billion, according to the Central Bank statement covering the period from 1 January to 31 December 2025.

The Central Bank statement also indicated that spending on development amounted to LYD 20 billion, allocations for development projects reached LYD 4.3 billion, personal purposes executed during 2025 amounted to USD 7.8 billion, and letters of credit totaled USD 15.6 billion.

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