CBL reports 18.2bn dinar revenue with 10bn surplus in early 2025

The Central Bank of Libya has announced that total revenues for January and February 2025 reached 18.256 billion dinars, while expenditures during the same period amounted to 8.4 billion dinars, resulting in a significant budget surplus.

According to the bank’s statement covering the first two months of the year, oil sales constituted the primary source of income, generating 14 billion dinars. Oil royalties contributed an additional 3.7 billion dinars to the national treasury.

Other revenue sources included:
– Tax revenue: 41.1 million dinars
– Customs revenue: 12.5 million dinars
– Telecommunications: 26.2 million dinars
– Financial services oversight fees: 248 million dinars

The bank noted that no revenue was recorded from domestic fuel sales during this period.

On the expenditure side, salaries (Chapter I) represented the largest spending category at 5.9 billion dinars, though this figure excludes February salary payments. Subsidies (Chapter IV) accounted for 2.5 billion dinars, while operating expenses (Chapter II) totalled 35 million dinars.

The central bank confirmed that no funds were allocated to development projects (Chapter III) or emergency expenditures (Chapter V) during January and February.​​​​​​​​​​​​​​​​