The Central Bank of Libya announced yesterday Libya’s revenues and expenditures for the first nine months of 2026.
The figures revealed a foreign currency deficit of US$ 4.7 billion and an increase in total dinar spending of approximately 19.9 billion dinars during September alone, compared to the 68.7 billion dinars recorded in the Central Bank’s previous report covering the period from January through August 2026.
Spending under Chapter One (salaries) also rose by approximately 13.7 billion dinars during the month, climbing from 46.9 billion dinars at the end of August to 60.6 billion dinars by the end of September.
Foreign currency
- Foreign currency revenues totalled US$ 17.6 billion.
- Foreign currency use totalled US$ 22.3 billion.
- The foreign currency deficit reached US$ 4.7 billion, covered by CBL investment returns from deposits, bond and gold portfolios.
- Foreign currency assets stood at $ 95 billion, down 4.4 % compared to US$ 99.4 billion at the end of last year.
Revenues (in Dinars)
Oil sales – 94.2 billion
Oil royalties – 17.4 billion
Taxes – 2 billion
Customs – 263.2 million
Telecommunications – 31.1 million
Domestic fuel sales – 0
Other revenues – 686 million
Total: 114.5803 billion –
- oil revenues represent more than 97% of the state's revenues
Expenditure
Chapter One (Salaries) – 60.6 billion
Chapter Two (Operational Expenses) – 12.1 billion
Chapter Three (Development) – 1.6 billion
Chapter Four (Subsidies) – 14.3 billion
Total: 88.6 billion Dinars – representing a 25.9-billion-dinar surplus