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Revenue and Expenditure statement

Revenue and Expenditure Statement, September 2024

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Revenue

All Figures in Libyan Dinar
Description Revenue
Oil revenue 59.6 Billion
Revenue from oil royalties 10 Billion
Tax Revenue 1.3 Billion
Customs Revenue 129 Million
Telecom revenue 125 Million
Revenue from fuel sales in local market 32 Million
Other Revenues* 800 Million
Total Revenues 71.986 Billion

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 43.1 Billion
Chapter Two: Goods and Services 5.4 Billion
Chapter Three: Development 235 Million
Chapter Four: Subsidies 12 Billion
Chapter Five: Emergencies 0
National Oil Corporation (Extraordinary financial arrangements) * 6.3 Billion
General Electricity Company (Extraordinary financial arrangements) ** 3.1 Billion
Total Expenditures 70.135 Billion

* This item is a continuation of the exceptional budget scheduled during 2023 in favor of the National Oil Corporation and covers the three chapters: the first chapter with a value of 2.6 billion LYD, the second with a value of 1.8 billion LYD, and the third with a value of 1.9 billion LYD. * This item is a continuation of the exceptional budget scheduled during the year of 2023 in favor of the General Electricity Company and covers the expenses of Chapter Three

Spending on sectors and their affiliates من 2024/01/01 الى 2024/09/30

All Figures in Libyan Dinar
Sector Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Total spending
House of Representatives and its affiliates643,599,829162,932,380000 806,532,209
The High Council of State26,276,60216,666,664000 42,943,266
Presidential Council and its affiliates313,535,30988,583,336000 402,118,645
Council of Ministers and its affiliates1,006,431,113915,278,319761,82800 1,922,471,261
Ministry of Finance and its affiliates19,662,218,109245,659,422000 19,907,877,531
Ministry of Finance and its affiliates2,735,799,358266,386,113000 3,002,185,471
Ministry of Interior Affairs and its affiliates3,182,265,875650,230,995000 3,832,496,870
Ministry of Justice and its affiliates 964,464,362380,166,674000 1,344,631,036
Ministry of Foreign Affairs & International Cooperation and its affiliates1,315,483,421617,699,170324,787,47100 2,257,970,061
Ministry of Oil and Gas and its affiliates10,671,8143,500,000000 14,171,814
Ministry of Health and its affiliates2,083,401,4831,008,740,74202,247,363,9150 5,339,506,139
Ministry of Education and its affiliates204,588,775110,902,783000 315,491,558
Minister of Higher Education and Scientific Research and its affiliates1,524,259,774140,920,925000 1,665,180,699
Ministry of Technical and Vocational Education and its affiliates349,405,64315,625,002000 365,030,645
Ministry of Economy and Trade and its affiliates58,495,35012,883,338000 71,378,688
Ministry of Industry and Minerals and its affiliates21,631,4429,450,000000 31,081,442
Ministry of Transportation and its affiliates159,120,22437,600,008000 196,720,232
Ministry of Social Affairs and its affiliates6,209,548,759104,092,40604,429,600,3430 10,743,241,508
Ministry of Planning and its affiliates13,013,5486,300,000000 19,313,548
Ministry of Local Government and its affiliates1,527,597,502309,904,1640562,500,0000 2,400,001,666
Ministry of Agriculture and Livestock and its affiliates289,075,26332,593,749000 321,669,012
Ministry of Marine Resources and its affiliates110,107,5897,466,662000 117,574,251
Ministry of Labor and Rehabilitation and its affiliates21,532,56211,729,161000 33,261,723
Ministry of Housing and Construction and its affiliates53,124,02513,500,000000 66,624,025
Ministry of Tourism and Handicrafts and its affiliates199,156,6975,687,507000 204,844,204
Ministry of Culture and Knowledge Development and its 90,119,70616,339,162000 106,458,868
Ministry of Sports and its affiliates117,126,92147,450,0020288,750,0000 453,326,923
Ministry of Youth and its affiliates9,605,12026,450,0000131,250,0000 167,305,120
Ministry of Civil Service and its affiliates9,405,1203,774,996000 13,180,116
Ministry of Water Resources and its affiliates15,286,56216,875,0020505,333,3310 537,494,895
Ministry of Environment and its affiliates51,999,7013,500,000000 55,499,701
General Authority for Care of Families of Martyrs, Missing & its 9,564,22410,499,9950642,013,5420 662,077,761
General Authority of Awqaf and Islamic Affairs and its affiliates75,179,871111,673,664000 186,853,535
General Authority for Communications and Informatics and its 21,254,8463,500,000000 24,754,846
General Electricity Company and its affiliates028,666,66603,203,750,0000 3,232,416,666
National Oil Corporation (Extraordinary financial arrangements) 2,622,338,0001,837,500,0001,884,716,11300 6,344,554,113
General Electricity Company Extraordinary financial arrangements) 003,104,268,42400 3,104,268,424
Total spending 45,706,684,4977,280,729,0065,314,533,83612,010,561,131070,312,508,470