Ahmad 
The Central Bank of Libya revealed a deficit in foreign exchange uses worth $ 5.7 billion during the first three months of this year.
The statement issued by the bank on Monday indicated that the total foreign exchange income during the same period amounted to $ 4.8 billion, of which $ 800 million in royalties, while the total uses and outstanding foreign exchange obligations until the end of March reached $ 10.5 billion.
The statement pointed out that the uses of foreign exchange were distributed by $ 3.3 billion to commercial banks, while the total uses and obligations of the state amounted to $ 7.2 billion, and the state’s uses included salaries for workers abroad, allocations to national institutions such as the National Oil Corporation and the General Electricity Company, in addition to obligations to public entities worth $ 6.2 billion.
In a related context, data issued by the Central Bank of Libya stated that no revenues were collected from the telecommunications sector during the first quarter of this year, as tax revenues recorded 52 million dinars during the months of January and February, while no additional revenue was recorded in March.
Customs revenues recorded only 7 million dinars in March, in addition to 65 million dinars during January and February, bringing the total to 72 million dinars during the first quarter of this year.
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