Evaluating the Readiness of the Accounting Systems at the Libyan Ministry of Finance to implement the Government Financial Management Information System (GFMIS)

Abstract

This study aims to assess the readiness of accounting systems within Libyan government institutions—specifically the Ministry of Finance—for the implementation of the Government Financial Management Information System (GFMIS). As one of the most vital digital tools for enhancing public financial management, GFMIS supports the integration of financial reporting, improves fiscal transparency, and strengthens control over public funds. The significance of this research stems from the scarcity of empirical studies addressing institutional, human, and organizational preparedness for digital transformation in the Libyan public sector.

     A quantitative descriptive-analytical approach was adopted, utilizing a meticulously designed field survey to evaluate three core dimensions of readiness: alignment of existing accounting systems with GFMIS technical and transparency requirements, competence of accounting personnel, and the adequacy of organizational and technical infrastructure. The study sample consisted of supervisory-level employees from the Ministry of Finance, with 59 valid responses analyzed using SPSS. Hypotheses were tested through linear regression and correlation analysis.

     Findings revealed a moderate institutional willingness to adopt GFMIS; however, this readiness is conditional upon strengthening technical infrastructure and enhancing human capacity. The results also highlighted a notable misalignment between current accounting systems and GFMIS requirements, alongside limited training and insufficient awareness of the importance of digital financial transformation.

     The study recommends modernizing legacy accounting systems, restructuring technical infrastructure, reforming financial regulations, and adopting a phased strategy for institutional and human capacity development thus enabling the effective and sustainable implementation of GFMIS in the Libyan context.