Libyan Central Bank says revenues have exceeded LYD 24 billion in first quarter of 2026

The Central Bank of Libya revealed that total public revenues reached LYD 24.27 billion during the first quarter of 2026, compared with LYD 15.25 billion in public expenditures.

According to the bank’s latest economic bulletin, oil revenues amounted to approximately LYD 23.67 billion (around $3.78 billion), accounting for about 97.5% of total public revenues, while non-oil revenues stood at LYD 600.4 million.

On the spending side, salaries accounted for the largest share of expenditures at LYD 11.99 billion, followed by subsidies and price stabilization spending at LYD 3.10 billion. Together, the two categories represented nearly 99% of total public spending during the period.

Current operating expenditures totaled approximately LYD 164.5 million, while the bulletin recorded no development spending during the first quarter of the year.

Regarding non-oil revenues, the data showed that tax and customs revenues combined reached around LYD 180 million, representing less than 1% of total public revenues.

The publication of these figures comes after a pause in the release of the Central Bank’s monthly revenue and expenditure reports. Since the beginning of the year, the bank had published financial data only for January and February 2026, raising questions about the consistency of its financial disclosures.