CBL reveals improvements in Libya’s 2017 finances: deficit down by 48 percent, no balance of payments deficit since 2014

By Sami Zaptia. London, 5 January 2018: The Tripoli-based Central Bank of Libya (CBL) has released the latest figures for the Libyan economy covering the period 01/01/17 to 31/12/17. The figures continue to show the Libyan economy in budget deficit with total state revenues in 2017 barely covering state-sector salaries alone. However, the deficit was … Continue reading CBL reveals improvements in Libya’s 2017 finances: deficit down by 48 percent, no balance of payments deficit since 2014