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Revenue and Expenditure statement

Revenue and Expenditure Statement, October 2023


Revenue

All Figures in Libyan Dinar
Description Revenue
Oil revenue 74.4 Billion
Revenue from oil royalties 9.9 Billion
Oil royalties for previous years 10.3 Billion
Tax Revenue 626 Million
Customs Revenue 257 Million
Telecom revenue 397 Million
Revenue from fuel sales in local market 180 Million
Other Revenues* 500 Million
Total Revenues 96.56 Billion

* Note: The amount of other revenues represents revenues received from the Financial Services Controllers in the Libyan cities, in exchange for public services (passport and car ownership fees, fines and other fees).

Expenditure

All Figures in Libyan Dinar
Description Expenditure
Chapter One: Salaries 43.7 Billion
Chapter Two: Goods and Services 7.2 Billion
Chapter Three: Development 3.0 Billion
Chapter Four: Subsidies 16.4 Billion
Chapter Five: Emergencies 0.0
National Oil Corporation (Extraordinary financial arrangements) 8.8 Billion
General Electricity Company (Extraordinary financial arrangements) 4.5 Billion
Total Expenditures 83.6 Billion

Spending on sectors and their affiliates From 01/01/2023 to 31/10/2023

All Figures in Libyan Dinar
Sector Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Total spending
House of Representatives and its affiliates736,743,768239,163,055226,739,59000 1,202,646,413
The High Council of State28,881,44832,499,999000 61,381,447
Presidential Council and its affiliates513,101,565105,041,667000 618,143,232
Council of Ministers and its affiliates1,020,301,0211,235,545,114000 2,255,846,135
Ministry of Finance and its affiliates20,114,496,591457,346,412000 20,571,843,003
Ministry of Defense and its affiliates2,930,327,460341,649,998000 3,271,977,458
Ministry of Interior Affairs and its affiliates3,245,792,853428,505,00652,800,00000 3,727,097,859
Ministry of Justice and its affiliates1,014,621,439453,250,00018,000,00000 1,485,871,439
Ministry of Foreign Affairs & International Cooperation and its affiliates890,031,786924,690,126436,960,44900 2,251,682,361
Ministry of Oil and Gas and its affiliates10,961,5263,500,0001,830,076,00000 1,844,537,526
Ministry of Health and its affiliates1,986,419,9661,170,768,89204,124,712,6030 7,281,901,461
Ministry of Education and its affiliates241,455,337105,758,333289,334,70100 636,548,371
Minister of Higher Education and Scientific Research and its affiliates1,681,554,819135,946,521000 1,817,501,340
Ministry of Technical and Vocational Education and its affiliates338,327,4869,708,334000 348,035,820
Ministry of Economy and Trade and its affiliates62,746,10458,796,973000 121,543,077
Ministry of Industry and Minerals and its affiliates23,143,17012,003,706000 35,146,876
Ministry of Transportation and its affiliates159,638,80081,048,587000 240,687,386
Ministry of Social Affairs and its affiliates6,278,962,648466,055,55306,268,785,9590 13,013,804,161
Ministry of Planning and its affiliates13,667,9987,133,332000 20,801,330
Ministry of Local Government and its affiliates1,395,201,065318,788,1180625,000,0000 2,338,989,183
Ministry of Agriculture and Livestock and its affiliates257,740,60333,727,081000 291,467,684
Ministry of Marine Resources and its affiliates97,396,6174,549,999000 101,946,616
Ministry of Labor and Rehabilitation and its affiliates24,628,7199,802,185000 34,430,904
Ministry of Housing and Construction and its affiliates52,333,79032,862,336135,000,00000 220,196,126
Ministry of Tourism and Handicrafts and its affiliates190,691,8035,687,501000 196,379,304
Ministry of Culture and Knowledge Development and its 93,371,24917,822,49815,459,10000 126,652,847
Ministry of Sports and its affiliates100,749,73961,708,3330385,000,0000 547,458,072
Ministry of Youth and its affiliates7,485,91829,950,0000175,000,0000 212,435,918
Ministry of Civil Service and its affiliates7,645,6904,374,999000 12,020,689
Ministry of Water Resources and its affiliates17,004,86354,440,4290458,333,3340 529,778,626
Ministry of Environment and its affiliates39,394,9973,500,000000 42,894,997
General Authority for Care of Families of Martyrs, Missing & its 8,593,364167,002,2290608,383,3330 783,978,926
General Authority of Awqaf and Islamic Affairs and its affiliates43,095,751110,751,192000 153,846,943
General Authority for Communications and Informatics and its 25,300,9722,624,999000 27,925,971
General Electricity Company and its affiliates040,000,00003,800,000,0010 3,840,000,001
National Oil Corporation (Extraordinary financial arrangements) 983,376,7501,237,500,0006,529,938,75000 8,750,815,500
General Electricity Company (Extraordinary financial arrangements) 004,495,666,52500 4,495,666,525
Total spending 44,635,187,6758,403,503,50614,029,975,11516,445,215,230083,513,881,527