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أخبار ليبيا 24
Libya's Oil Revenue: Focus on Salaries over Development
Libya's banking data shows that oil generates revenues of 98 billion dinars, which are used to fund government spending. However, Libya allocates less than a billion dinars to development, while salaries account for 47 billion dinars of the total. This highlights the country's heavy reliance on oil revenues rather than investing in sustainable economic development.
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