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Supreme Finance Committee Approves Standardization of Revenue and Public Spending Data Disclosure across State Institutions

The Supreme Finance Committee held its third regular meeting in Benghazi, headed by the President of the Presidential Council, Mohamed Al-Manfi, the head of the committee, and in the presence of its members.

The Supreme Finance Committee, during its third meeting, approved the internal regulations to organize its work, in implementation of the decision of the Presidential Council.

The committee also reviewed public revenue and expenditure data, according to reports presented by the Ministries of Finance and the Central Bank of Libya.

The third meeting also discussed the work of the technical committees in charge of following up the sections of the budget and related technical observations, and issuing the necessary recommendations in this regard.

In conclusion, the members of the committee, its chairman, and his deputy agreed to set and unify standards for disclosure of revenue and public expenditure data, among all Libyan state institutions, and to ensure comprehensive and unified disclosure.

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