{"id":254676,"date":"2025-09-09T17:53:21","date_gmt":"2025-09-09T15:53:21","guid":{"rendered":"https:\/\/sada.ly\/en\/?p=254676"},"modified":"2025-09-09T17:58:47","modified_gmt":"2025-09-09T15:58:47","slug":"central-bank-denies-billions-withdrawn-from-reserves-confirms-only-400-million-used-amid-5-9-billion-deficit","status":"publish","type":"post","link":"https:\/\/sada.ly\/en\/central-bank-denies-billions-withdrawn-from-reserves-confirms-only-400-million-used-amid-5-9-billion-deficit\/","title":{"rendered":"Central Bank Denies Billions Withdrawn from Reserves, Confirms Only $400 Million Used Amid $5.9 Billion Deficit"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Central Bank of Libya, in its monthly statement on revenue and public spending covering the period from January 1 to August 31, 2025, reported oil revenues and royalties deposited with the bank totaling $15.8 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Meanwhile, foreign currency expenditures reached $21.7 billion by the end of August 2025, resulting in a deficit of approximately $5.9 billion. This deficit was covered by the Central Bank\u2019s investment income from deposits and gold, as well as $400 million from reserves.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the statement, this means the Central Bank withdrew only $400 million from reserves, contrary to circulating claims of larger withdrawals.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The total foreign assets of the Central Bank during this period amounted to approximately $97.3 billion, compared to $95.5 billion at the end of 2024, indicating an increase in reserves.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Libya, in its monthly statement on revenue and public spending covering the period from January 1 to August 31, 2025, reported oil revenues and royalties deposited with the bank totaling $15.8 billion. Meanwhile, foreign currency expenditures reached $21.7 billion by the end of August 2025, resulting in a deficit of approximately [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":254677,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[613,1057,690,908],"class_list":["post-254676","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-libya","tag-reserves","tag-revenues","tag-spending"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Central Bank Denies Billions Withdrawn from Reserves, Confirms Only $400 Million Used Amid $5.9 Billion Deficit - Sada Newspaper<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sada.ly\/en\/central-bank-denies-billions-withdrawn-from-reserves-confirms-only-400-million-used-amid-5-9-billion-deficit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Central Bank Denies Billions Withdrawn from Reserves, Confirms Only $400 Million Used Amid $5.9 Billion Deficit - Sada Newspaper\" \/>\n<meta property=\"og:description\" content=\"The Central Bank of Libya, in its monthly statement on revenue and public spending covering the period from January 1 to August 31, 2025, reported oil revenues and royalties deposited with the bank totaling $15.8 billion. 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