2022-06-06

State Financial System Law and Budget, Accounts and Stores Regulations

The State Financial System Law and the Budget, Accounts and Stores Regulations mandate standardized financial governance across all government entities. These regulations require precise budgeting procedures, uniform accounting practices, and systematic inventory controls to ensure fiscal accountability. Enacted on March 10, 2007, the framework establishes binding compliance standards for public financial management and reporting.

Libya

Central Bank of Libya

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The State Financial System Law and the Budget, Accounts and Stores Regulations (March 10, 2007)