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Home » Libya records $18 billion in total spending in 2021

Libya records $18 billion in total spending in 2021

Saturday, January 1, 2022 Economy 1 Min Read
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Libya’s spending was 84 billion dinars ($18 billion) in 2021 and there was no fiscal deficit, the spokesperson for the transitional Government of National Unity, Mohamed Hamuda, told a news conference on Thursday.

Hamuda said 34 billion Libyan Dinars was spent on salaries, 16 billion LYD on development and reconstruction projects and 20 billion on subsidies, while 6 billion LYD was used from an emergency allocation.

Government of National Unity Libya Mohamed Hamuda
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