The Central Bank Of Libya (CBL) Published The Public Revenues And Expenditures Statements For June 2022.

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The Central Bank of libya has today published its detailed report on revenues and expenditures for the period from 01/01/2022 to 30/06/2022” online. The publication can be downloaded via the Central Bank Website in Arabic, and English languages.

An overview of the performance of the financial accounts in first half of the 2022, as reflected in “Recent Economic Developments”, the statement published therein allows central bank and their stakeholders to map transparency practices of the central bank to international best practices. The purpose of this new step is to enhance transparency and accountability of the central bank and contribute to policy effectiveness. Notably, many economists and local and international experts expressed their appreciations to the central bank for making this step possible.

They said: we believe that the increased level of detail in the new format is an important improvement in fiscal transparency.