Exclusive sources told our source that the value of the budget, excluding fuel, stands at 136 billion dinars, covering Chapters One, Two, Three, and Four.
The sources added that the total agreed budget amounts to approximately 180 billion dinars, including 44 billion dinars allocated for fuel, 73 billion for salaries, and 40 billion for development (20 billion for eastern Libya and 20 billion for western Libya). The budget also includes allocations for commodity subsidies (Chapter Four), as well as the continuation of child and spouse allowances and other items (within Chapters Two and Four). All chapters cover both governments.
The budget also includes debts of the National Oil Corporation amounting to $2 billion. Overall, the budget is considered well-balanced, with the ability to cover it through foreign currency resources.
The sources confirmed that Chapter Three represents foreign currency requirements for all parties through the Central Bank, with no room for checks entering the market. The budget will be reviewed periodically based on available revenues and prevailing conditions.
