The Central Bank of Libya issued, this Tuesday, the revenue and expenditure statement from January to October 2025, clarifying the public finance performance during the month, the level of state cash flows, and the approved aspects of spending.
According to the statement, total revenues during this period reached 103.4039 billion Libyan dinars, derived mostly from oil revenues, achieving oil sales revenues worth 86.6 billion dinars, and oil revenues and royalties worth 14.9 billion dinars.
Tax revenues registered 1.034 billion dinars, and customs revenues 146.5 million dinars, while revenues from the communications sector amounted to 57 million dinars.
No revenues were registered from the sale of fuel in the local market, while other revenues amounted to 666.4 million dinars.
On the expenditure side, the statement indicated that total public spending during the same period reached 95.1 billion Libyan dinars, distributed according to budget chapters: 55.2 billion dinars for the salaries chapter, 4.2 billion dinars for operational expenditures, in addition to 3.7 billion dinars for development projects, while spending on the subsidies chapter reached 32 billion dinars, with no expenses recorded under the emergency chapter.
The statement reflects the state’s continued reliance on oil revenues as the primary source for financing public spending, with salary and subsidy obligations continuing as the largest items of government expenditure.