56 Days
Source:
عين ليبيا
Regulatory Authority Highlights Ending Backlog of "Closing Accounts" as Key to Enhancing Financial Transparency
The head of the Administrative Control Authority, Abdullah Qadrobouh, discussed with the Chairman of the Supreme Council of State, Mohamed Tekala, the latest developments related to the state's final accounts, with the aim of strengthening financial and administrative reform. The focus was on completing the preparation and review of accounts up to 2025, addressing technical challenges, and transitioning to an annual transparent system that accurately reflects Libya's true financial position. The meeting also covered the draft approval of the first unified budget in 13 years, as well as measures to address financial division and control expenditure, all aimed at improving public financial management and combating corruption.
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