The Central Bank of Libya (CBL) has released its monthly statement on public revenues and expenditures for the period from 1 January to 31 July 2025, showing total revenues of 73.5 billion Libyan dinars and total spending of 66.1 billion dinars.
According to the report, oil-related income dominated state revenues, with 60.9 billion dinars from crude oil sales and 10.9 billion dinars from oil royalties. Non-oil revenues included one billion dinars from taxes, 135 million dinars from customs duties, and 45.8 million dinars from telecommunications. Other miscellaneous revenues contributed a further 543 million dinars.
On the expenditure side, the report indicated that salaries and wages under Chapter One accounted for 42.6 billion dinars. Operating expenses, classified under Chapter Two, amounted to 2.8 billion dinars. Development spending, listed in Chapter Three, reached 147.6 million dinars. Subsidies under Chapter Four totalled 20.6 billion dinars. The emergency fund, Chapter Five, recorded no spending during the period.
The CBL noted that the revenue and expenditure figures reflect the state’s fiscal position in the first seven months of the year. This includes subsidies, overseas student grants, family allowances for spouses and children, and fuel subsidies.
The bank’s monthly financial disclosure is part of efforts to promote transparency and provide public access to the government’s fiscal performance. The figures also highlight Libya’s heavy reliance on oil revenues and the significant share of the budget allocated to subsidies and wages.
The report comes amid continued economic challenges and calls for reforms to diversify revenue sources and enhance spending efficiency.
