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Mixeddecision Immediate

Decision No. 745 of 2025: Supplementary Appropriation for General Budget Support

27-10-2025·مجلس الوزراء·المالية
Analysis
Summary

The Council of Ministers has authorized an additional LYD 17.5 billion supplementary appropriation to fund Chapter Three (development projects and programs) of the 2025 fiscal year budget. The allocation will be financed from revenues generated by fees imposed on foreign currency sales.

Business Implication

This decision signals continued liquidity for development projects through Q4 2025, potentially accelerating delayed infrastructure and capital works. However, the funding mechanism—foreign currency sale fees—directly impacts businesses requiring hard currency access, as it confirms the continuation of the de facto currency control regime. Companies in construction, infrastructure, and capital goods sectors may see expedited project awards, but foreign exchange costs remain embedded in operational structures.

Key Provisions
LYD 17.5 billion supplementary appropriation allocated to Chapter Three development budget for FY2025
Funding sourced exclusively from foreign currency sale fee revenues
Effective immediately from date of issuance (27 October 2025)
Designated specifically for completion of existing development projects and programs
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