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Revenue and Expenditure statement

Revenue and Expenditure Statement, June -2024

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Revenue

All Figures in Libyan Dinar
Description Revenue
Oil revenue 37.0 Billion
Revenue from oil royalties 7.1 Billion
Tax Revenue 122 Million
Customs Revenue 123 Million
Telecom revenue 15 Million
Revenue from fuel sales in local market 32 Million
Other Revenues* 663 Million
Total Revenues 45.055 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 25.7 Billion
Chapter Two: Goods and Services 3 Billion
Chapter Three: Development 0.0
Chapter Four: Subsidies 7.8 Billion
Chapter Five: Emergencies 0.0
National Oil Corporation (Extraordinary financial arrangements) * 4.7* Billion
General Electricity Company (Extraordinary financial arrangements) 2.5** Billion
Total Expenditures 43.7 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 1.6 billion LYD, the second with a value of 1.2 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 2024/06/30

All Figures in Libyan Dinar
Sector Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Total spending
House of Representatives and its affiliates392,287,641103,722,534000 496,010,175
The High Council of State16,932,2494,166,665000 21,098,914
Presidential Council and its affiliates190,855,78639,895,835000 230,751,621
Council of Ministers and its affiliates554,230,335508,859,277000 1,063,089,612
Ministry of Finance and its affiliates12,163,341,506108,623,587000 12,271,965,092
Ministry of Finance and its affiliates1,669,841,910130,777,779000 1,800,619,689
Ministry of Interior Affairs and its affiliates1,934,536,040280,430,830000 2,214,966,870
Ministry of Justice and its affiliates 581,315,579240,000,005000 821,315,584
Ministry of Foreign Affairs & International Cooperation and its affiliates141,325,214182,419,654000 323,744,868
Ministry of Oil and Gas and its affiliates6,222,4072,500,000000 8,722,407
Ministry of Health and its affiliates1,226,178,780585,398,44501,038,882,3210 2,850,459,546
Ministry of Education and its affiliates127,716,22197,930,559000 225,646,780
Minister of Higher Education and Scientific Research and its affiliates940,905,269100,169,518000 1,041,074,787
Ministry of Technical and Vocational Education and its affiliates220,918,10511,458,335000 232,376,440
Ministry of Economy and Trade and its affiliates36,118,68410,016,670000 46,135,354
Ministry of Industry and Minerals and its affiliates13,242,9426,750,000000 19,992,942
Ministry of Transportation and its affiliates98,173,32724,437,505000 122,610,832
Ministry of Social Affairs and its affiliates3,838,594,50466,289,52503,823,532,9150 7,728,416,944
Ministry of Planning and its affiliates7,957,3864,500,000000 12,457,386
Ministry of Local Government and its affiliates919,013,624238,145,8320375,000,0000 1,532,159,456
Ministry of Agriculture and Livestock and its affiliates178,596,91223,281,249000 201,878,161
Ministry of Marine Resources and its affiliates67,503,6295,333,330000 72,836,959
Ministry of Labor and Rehabilitation and its affiliates13,220,3519,120,829000 22,341,180
Ministry of Housing and Construction and its affiliates32,387,7029,458,333000 41,846,035
Ministry of Tourism and Handicrafts and its affiliates123,340,5234,062,505000 127,403,028
Ministry of Culture and Knowledge Development and its 54,577,38411,020,831000 65,598,215
Ministry of Sports and its affiliates70,030,78733,588,891064,166,6670 167,786,345
Ministry of Youth and its affiliates4,342,77418,750,000072,916,6670 96,009,441
Ministry of Civil Service and its affiliates5,515,9782,524,998000 8,040,976
Ministry of Water Resources and its affiliates9,720,38015,291,6680241,666,6650 266,678,713
Ministry of Environment and its affiliates32,174,5912,500,000000 34,674,591
General Authority for Care of Families of Martyrs, Missing & its 5,795,9897,083,3300356,674,1900 369,553,509
General Authority of Awqaf and Islamic Affairs and its affiliates34,963,75769,796,040000 104,759,797
General Authority for Communications and Informatics and its 13,005,7412,500,000000 15,505,741
General Electricity Company and its affiliates028,666,66601,827,083,3550 1,855,750,021
National Oil Corporation (Extraordinary financial arrangements) 1,638,961,2501,237,500,0001,884,716,11300 4,761,177,363
General Electricity Company Extraordinary financial arrangements) 002,504,268,42400 2,504,268,424
Total spending 27,363,845,2594,226,971,2244,388,984,5377,799,922,780043,779,723,800