Libya spent $284m in 2020 to tackle COVID-19 – CBL

The Central Bank of Libya says $284m was spent to fight the COVID-19 pandemic in the country in 2020.

The bank disclosed this on Wednesday on its revenues and expenditure data.

It said, in Tripoli, the total financial envelope of 1.27bn dinars devoted to the fight against the pandemic did not correspond with the expenditure of the fourth chapter related to emoluments.

The CBL estimated that the total bills submitted by the country’s finance ministry to fight the coronavirus pandemic was about 1.069bn dinars in November.

“The envelope is shared as follows $632m allocated to the Ministry of Health, 50m dinars to municipalities and local councils, 95m dinars for the military medicine equipment, $35m for ambulance and emergency services, 151m dinars for the medical supply system, 44m dinars for Libyan embassies and consulates abroad and 22m for the Education ministry,”  the bank said.

Ehime Alex
Ehime Alex
Ehime Alex reports the Capital Market, Energy, and ICT. He is a skilled webmaster and digital media enthusiast.

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