The 2014 budget – sources of revenue

By Sami Zaptia.

Amman, Jordan, 10 May 2014:

The 2014 budget, approved by the GNC Committee last week and expected to be approved by the whole GNC Sunday, totalled LD 58.92 bn compared to an LD 66.86 bn budget in 2013 .

Back in March the GNC had revealed it was considering a LD 68.59 bn budget . However, the departure of the Prime Minister who had proposed that budget, Ali Zeidan, and the economic and political reality of Libya’s stunted oil revenues, has meant that . . .

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