The Economic and Financial Analysis Department at the Ministry of Finance has issued data on the value of the state’s public spending revenue, between the period of January and August last.

The data showed that the total amount collected by the public treasury amounted to 38.5 billion dinars, which includes a loan granted to the Government of National Accord (GNA), by the Central Bank of Libya (CBL) to the tune of 17.8 billion dinars.

Oil revenues alone were recorded at 5.1 billion dinars and the data also indicated that spending, during the first eight months of the year amounted to 23.3 billion dinars, of which 14.4 billion dinars was allocated to cover the salaries of government employees of the state.

Economy