Evaluating the Improvement of the Efficiency of Libyan Government Financial Control through the Adoption of Government Financial Management Information Systems (GFMIS)

Abstract

This study aims to analyze the current state of government financial control mechanisms in Libya and explore the requirements for their development in light of the implementation of the Government Financial Management Information System (GFMIS), with a focus on the Ministries of Finance and Planning. The importance of this study stems from the growing need to enhance transparency and accountability in line with international standards of financial governance.

The study adopted a methodology combining inductive and deductive approaches, utilizing a structured questionnaire for data collection, and analyzing the results using SPSS through descriptive and inferential statistical methods. The findings revealed deficiencies in the efficiency and effectiveness of current financial control mechanisms and identified organizational and technical challenges hindering GFMIS readiness, along with weak correlations between the study’s key variables, necessitating targeted interventions.

The study recommended developing internal control procedures, strengthening the information infrastructure, updating legislative frameworks, and enhancing human resource capacities, alongside building an institutional environment supportive of digital financial transformation. This research contributes to supporting financial reform efforts in Libya and promoting the principles of transparency and sound financial governance in accordance with international best practices.