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Revenue and Expenditure statement

Revenue and Expenditure Statement, December 2023


Revenue

All Figures in Libyan Dinar
Description Revenue
Oil revenue 99.1 Billion
Revenue from oil royalties 12.3 Billion
Oil royalties for previous years 10.3 Billion
Tax Revenue 2.4 Billion
Customs Revenue 333 Million
Telecomrevenue 506 Million
Revenue from fuel sales in local market 180 Million
Other Revenues 792 Million
Total Revenues 125.911 Billion

Expenditure

All Figures in Libyan Dinar
Description Expenditure
Chapter One: Salaries 60.0 Billion
Chapter Two: Goods and Services 9.0 Billion
Chapter Three: Development 12.0 Billion
Chapter Four: Subsidies 20.0 Billion
Chapter Five: Emergencies 0.0 Billion
National Oil Corporation (Extraordinary financial arrangements) 17.5 Billion
General Electricity Company (Extraordinary financial arrangements) 7.2 Billion
Total Expenditures 125.7 Billion

Spending on sectors and their affiliates From 01/01/2023 to31/12/2023

All Figures in Libyan Dinar
Sector Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Total spending
House of Representatives and its affiliates1,044,980,262360,934,072265,227,08800 1,671,141,422
The High Council of State45,276,77434,999,999000 80,276,773
Presidential Council and its affiliates639,890,010131,000,000000 770,890,010
Council of Ministers and its affiliates1,463,514,0071,561,046,013000 3,024,560,020
Ministry of Finance and its affiliates27,354,192,131620,182,43510,032,548,920329,768,8120 38,336,692,298
Ministry of Finance and its affiliates3,992,044,651347,649,998000 4,339,694,649
Ministry of Interior Affairs and its affiliates4,473,493,619685,580,673112,800,00000 5,271,874,292
Ministry of Justice and its affiliates 1,392,708,781582,650,00018,000,00000 1,993,358,781
Ministry of Foreign Affairs & International Cooperation and its affiliates1,614,627,0531,085,651,101725,623,26900 3,425,901,423
Ministry of Oil and Gas and its affiliates15,363,4666,000,000000 21,363,466
Ministry of Health and its affiliates2,775,624,1731,472,458,45804,149,533,0000 8,397,615,631
Ministry of Education and its affiliates322,726,096146,416,666422,296,82300 891,439,585
Minister of Higher Education and Scientific Research and its affiliates2,200,834,589241,716,650272,000,00000 2,714,551,238
Ministry of Technical and Vocational Education and its affiliates449,652,62127,500,000000 477,152,621
Ministry of Economy and Trade and its affiliates88,339,06770,626,140000 158,965,207
Ministry of Industry and Minerals and its affiliates31,439,20018,753,706000 50,192,906
Ministry of Transportation and its affiliates221,965,420103,211,087000 325,176,507
Ministry of Social Affairs and its affiliates8,529,494,424153,369,83808,389,677,5540 17,072,541,817
Ministry of Planning and its affiliates19,335,05610,799,999000 30,135,055
Ministry of Local Government and its affiliates1,960,808,242500,100,6180750,000,0000 3,210,908,861
Ministry of Agriculture and Livestock and its affiliates372,330,35958,674,998000 431,005,356
Ministry of Marine Resources and its affiliates137,800,22912,800,000000 150,600,229
Ministry of Labor and Rehabilitation and its affiliates33,631,10026,356,353000 59,987,453
Ministry of Housing and Construction and its affiliates70,810,64940,549,836135,000,00000 246,360,485
Ministry of Tourism and Handicrafts and its affiliates262,097,1599,750,000000 271,847,159
Ministry of Culture and Knowledge Development and its 128,578,16729,159,99815,459,10000 173,197,265
Ministry of Sports and its affiliates142,750,81283,166,6670385,000,0000 610,917,479
Ministry of Youth and its affiliates11,667,70946,200,0000175,000,0000 232,867,709
Ministry of Civil Service and its affiliates11,073,5127,499,999000 18,573,511
Ministry of Water Resources and its affiliates24,122,24189,773,7620580,000,0010 693,896,004
Ministry of Environment and its affiliates58,975,9036,000,000000 64,975,903
General Authority for Care of Families of Martyrs, Missing & its 13,320,449131,759,0290856,018,0570 1,001,097,535
General Authority of Awqaf and Islamic Affairs and its affiliates60,800,241167,510,500000 228,310,741
General Authority for Communications and Informatics and its 34,202,9185,999,999000 40,202,917
General Electricity Company and its affiliates0114,666,66704,385,000,0000 4,499,666,667
National Oil Corporation (Extraordinary financial arrangements) 3,933,507,0001,237,500,00012,371,750,38700 17,542,757,387
General Electricity Company (Extraordinary financial arrangements) 007,195,666,52500 7,195,666,525
Total spending 63,931,978,08810,228,015,26031,566,372,11219,999,997,4240125,726,362,885