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The total budget deficit accumulated by Libya’s Tripoli-based administrations since 2011 is now LYD71bn (approximately $50bn), African Energy understands. However, since the House of Representatives legislature re-established itself in Cyrenaica in 2014, the rival interim government it appointed under the leadership of Abdullah Al-Thinni may have run up an additional deficit of LYD25bn. Until an independent audit of both the Tripoli-based Central Bank of Libya and the Al-Baida-based parallel central bank is carried out, the precise sums are not known and could be greater.