Monday, June 23, 2025
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Libya

GNA Finance Ministry Unveils Latest Revenue

November 19, 2020
Share on FacebookShare on Twitter

The Finance Ministry of the Government of National Accord (GNA) stated that revenues for this year amounted to 42.8 billion Libyan dinars (LYD) while its total expenditures were 136.2 billion LYD.

The Ministry of Finance revealed that these revenues were represented as a loan by the Central Bank, for an amount of 20 billion LYD. Financial revenues from oil and sovereign resources, are roughly 187.7 billion LYD. In a statement, the ministry stated that the total expenditure for public entities amounted to 29 billion LYD.

Libya’s oil output has been rising steadily since the gradual lifting of an eight-month blockade in September. Oil production has now reached 1.215 million bpd, as the OPEC member is recovering faster than expected.

Last year, the GNA estimated Libya’s 2020 budget to be slightly less than 48 billion LYD.

Tags: FinanceLatestlibyaMinistryRevenue
Next Post

Turkish Defence Minister Claims LNA Poses Threat to Regional Security

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

Greece to Deploy Navy Near Libya to Monitor Migrant Departures

Libya’s Haftar & British Envoy Discuss Political Developments

Libyan Movement Vows to Continue Peaceful Demonstrations Against Dbaiba’s Government

Libya & Italy Sign Military Cooperation Plan

Libya Launches New Electoral Education Initiative

Berlin Conference Reaffirms Support for Libyan-Led Political Process

EDITOR PICKS

Libya’s Benghazi Hosts International Exhibition on Telecommunications & Digital Economy

UK Ambassador Reaffirms Support for Libya’s Elections Commission

Libya’s Benghazi Hosts Major Italy-Libya Business Event

Libyan Parliament Speaker Inaugurates Major Development Projects in Derna

Archaeologists Uncover Roman-Era Site in Libya’s Benghazi

Italy Demands Stronger EU Role in Libya

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR