Libya’s Central Bank announced that oil revenues transferred to its accounts exceeded $1 billion during December, underscoring the continued importance of hydrocarbon income in sustaining the country’s monetary stability and economic activity.
In an official statement, the Central Bank of Libya said that oil revenues deposited from the beginning of December through December 28, 2025, reached approximately $1.017 billion. The funds were transferred through official channels and form part of the state’s primary source of foreign currency inflows.
The bank confirmed that it continues to conduct regular foreign currency sales to commercial banks at volumes intended to meet the needs of the local market. These operations, according to the statement, are designed to support imports, maintain liquidity, and reduce pressure on the Libyan dinar amid persistent demand for hard currency.
Central Bank officials emphasized that current monetary policies are focused on preserving exchange rate stability while ensuring that sufficient foreign currency is available for both citizens and businesses. The bank noted that maintaining orderly access to foreign exchange remains essential for controlling inflation, supporting trade, and stabilizing prices across the economy.
The announcement comes as Libya remains heavily reliant on oil exports to finance public spending and sustain economic activity. Oil revenues continue to play a decisive role in the country’s fiscal and monetary outlook, particularly amid ongoing global volatility in energy markets and fluctuating production levels.
The Central Bank said its policies aim to mitigate potential market disruptions and protect the economy from sudden shocks, whether linked to changes in oil prices, production interruptions, or external financial pressures. By maintaining consistent foreign currency sales and monitoring market conditions closely, the bank seeks to curb speculation and narrow the gap between official and parallel exchange rates.
The statement also reaffirmed the bank’s commitment to transparency in publishing revenue figures and monetary data, stressing that regular disclosure strengthens confidence in financial institutions and supports broader economic stability.
As the year draws to a close, the Central Bank signaled that it will continue to closely track oil revenue flows and market developments, adjusting its policies as needed to safeguard monetary stability and support Libya’s economic recovery.
