Financial Independence of Local Authorities in Libya: A Legal Analytical Study

Abstract

This research paper discusses fiscal policy in Libya under Local Administration Law No. 59 of 2012 and its implementing regulations, focusing on the extent of local authorities' independence in making their own financial decisions. It also examines the concept of local fiscal policy, its tools, and the importance of local revenues and expenditures in achieving local development. She highlighted the issues associated with local financial policy, such as legal restrictions that limit the freedom of local authorities and their dependence on government support. She also pointed out how amendments to the Local Administration Law impact the independence of local authorities.