Financial And Banking
BUDGETS AND REVENUES
Libya's 1986 Foreign Trade Budget Decreased by 44%
At its annual general meeting held in Benghazi on 3 March, the Libyan General People's Congress (parliament) approved state development and administrative budgets for 1986 totalling LD3,064mn ($10.35bn), up 5.5% from LD2,900mn ($9.79bn) in 1985. At the same time, the foreign trade budget (which is officially referred to as 'commodity budgets' and is used for allocating...