{"id":255483,"date":"2025-11-11T22:39:10","date_gmt":"2025-11-11T20:39:10","guid":{"rendered":"https:\/\/sada.ly\/en\/?p=255483"},"modified":"2025-11-11T22:39:10","modified_gmt":"2025-11-11T20:39:10","slug":"in-numbers-and-details-the-central-bank-reveals-a-financial-paradox-between-surplus-and-deficit","status":"publish","type":"post","link":"https:\/\/sada.ly\/en\/in-numbers-and-details-the-central-bank-reveals-a-financial-paradox-between-surplus-and-deficit\/","title":{"rendered":"In Numbers and Details: The Central Bank Reveals a Financial Paradox Between Surplus and Deficit"},"content":{"rendered":"\n<p>The Central Bank of Libya disclosed that total revenues during the first ten months of 2025 amounted to <strong>103.4 billion dinars<\/strong>, while expenditures reached <strong>95.1 billion dinars<\/strong>, resulting in a <strong>surplus of 8.3 billion dinars<\/strong>.<br>Expenditures included:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Salaries:<\/strong> 55.2 billion<\/li>\n\n\n\n<li><strong>Operational expenses:<\/strong> 4.2 billion<\/li>\n\n\n\n<li><strong>Development:<\/strong> 3.7 billion<\/li>\n\n\n\n<li><strong>Subsidies:<\/strong> 32 billion<\/li>\n\n\n\n<li><strong>Emergency:<\/strong> 0<\/li>\n<\/ul>\n\n\n\n<p>However, the <strong>foreign currency deficit<\/strong> reached <strong>6.4 billion U.S. dollars<\/strong> due to the decline in oil revenues. The deficit was covered by returns from the Central Bank\u2019s investments in its <strong>bond and gold portfolios<\/strong>.<\/p>\n\n\n\n<p>Oil revenues deposited at the Central Bank totaled <strong>19.3 billion dollars<\/strong>, while <strong>foreign currency sales<\/strong> amounted to <strong>26 billion dollars<\/strong>.<br>By the end of October, <strong>total foreign assets<\/strong> stood at <strong>98.8 billion dollars<\/strong>, compared to <strong>95.5 billion at the end of 2024<\/strong>.<\/p>\n\n\n\n<p>Revenue from the <strong>fee imposed on foreign currency sales<\/strong> reached <strong>19.5 billion dinars<\/strong>, while the <strong>balance of payments recorded a surplus of 1.7 billion dollars<\/strong>.<\/p>\n\n\n\n<p>Spending abroad included:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Salaries of employees abroad:<\/strong> 287.6 million dollars<\/li>\n\n\n\n<li><strong>Students studying abroad:<\/strong> 120.2 million dollars<\/li>\n\n\n\n<li><strong>Medical treatment abroad:<\/strong> 87 million dollars<\/li>\n\n\n\n<li><strong>National Oil Corporation:<\/strong> 440.9 million dollars<\/li>\n\n\n\n<li><strong>Fuel imports:<\/strong> 2.6 billion dollars<\/li>\n\n\n\n<li><strong>Medical supply authority:<\/strong> 247.7 million dollars<\/li>\n\n\n\n<li><strong>Electricity sector:<\/strong> 592.6 million dollars<\/li>\n\n\n\n<li><strong>Housing projects:<\/strong> 241 million dollars<\/li>\n\n\n\n<li><strong>Transfers and credits to other entities:<\/strong> 931 million dollars<\/li>\n<\/ul>\n\n\n\n<p>Bringing <strong>total expenditures through the Central Bank<\/strong> to <strong>5.6 billion dollars<\/strong>, <strong>through commercial banks<\/strong> to <strong>20.4 billion dollars<\/strong>, and <strong>total foreign currency uses<\/strong> to <strong>26.1 billion dollars<\/strong>.<\/p>\n\n\n\n<p>Additionally, <strong>90.6 billion dinars in cash<\/strong> were distributed across branches of commercial banks throughout all Libyan cities during the first ten months of 2025.<\/p>\n\n\n\n<p>The <strong>combined spending of the four councils<\/strong> \u2014 the House of Representatives, the State Council, the Government of National Unity (Cabinet of Ministers), and the Presidential Council \u2014 reached <strong>3.9 billion dinars<\/strong> during the same period.<\/p>\n\n\n\n<p>The statement also highlighted spending by key ministries, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Finance:<\/strong> 22.6 billion dinars<\/li>\n\n\n\n<li><strong>Oil and Gas:<\/strong> 22.2 billion dinars<\/li>\n\n\n\n<li><strong>Interior:<\/strong> 5.5 billion dinars<\/li>\n\n\n\n<li><strong>Defense:<\/strong> 3.5 billion dinars<\/li>\n\n\n\n<li><strong>Social Affairs:<\/strong> 13.9 billion dinars.<\/li>\n<\/ul>\n\n\n\n<p><em>Share this news<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Libya disclosed that total revenues during the first ten months of 2025 amounted to 103.4 billion dinars, while expenditures reached 95.1 billion dinars, resulting in a surplus of 8.3 billion dinars.Expenditures included: However, the foreign currency deficit reached 6.4 billion U.S. dollars due to the decline in oil revenues. The deficit [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":255484,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[124],"tags":[628,895,613],"class_list":["post-255483","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reports","tag-central-bank","tag-expenditures","tag-libya"],"acf":[],"_links":{"self":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/255483","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/comments?post=255483"}],"version-history":[{"count":1,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/255483\/revisions"}],"predecessor-version":[{"id":255485,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/255483\/revisions\/255485"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/media\/255484"}],"wp:attachment":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/media?parent=255483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/categories?post=255483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/tags?post=255483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}