Libyan budget funds allocation
The article discusses revenue and expenditure management in Libya, noting that estimates indicate that public spending for 2025 will exceed 270 billion dinars. This expenditure is primarily distributed among hydrocarbons and energy (40%), salaries and wages (28%), and development projects (20%). The piece highlights the need for structural reforms, including adjustments to the fuel subsidy system, employment regulation, and currency unification, aimed at addressing economic imbalances and reducing financial gaps. It also covers disagreements over the amounts transferred from oil revenues to the Central Bank and the impact of these policies on public finances. The article calls for the unification of financial and political institutions to end the division and ensure economic and living stability in the country.
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