TRIPOLI, Dec 8 (Reuters) - Libya’s budget income for this year fell to around $15 billion in the period to November from $45 billion a year ago, the central bank said on Monday.
In a statement, it blamed a 40 percent fall in oil prices and the state’s inability to collect customs duties.
Expenditure stood at 38.5 billion Libyan dinars ($30 billion) in the same period. The bank warned the tumble in income was affecting foreign currency reserves but did not elaborate. (Reporting by Ulf Laessing; editing by Patrick Markey)