The Central Bank of Libya revealed an increase in the use of foreign currency during 2024 compared to previous years, reaching 27 billion dollars.
Salaries for employees abroad amounted to approximately 302 million dollars, student grants for those studying abroad were 207 million dollars, treatment abroad costs were 101 million dollars, fuel subsidies were zero, the National Oil Corporation received 1.648 billion dollars, remittances to other entities were 600 million dollars, and the Medical Supply Authority and the National Center for Disease Control received 288 million dollars.
The General Electricity Company received 896 million dollars, higher education and scientific research received 38 million dollars, and credits for other entities amounted to 239 million dollars.
Additionally, documentary credits reached 12.950 billion dollars, remittances were 352 million dollars, personal purposes were 9.257 billion dollars, and merchant cards totaled 152 million dollars.
