Aldabaiba hails new instant salary payment system for controlling waste in the state-sector section of the budget
Aldabaiba was referring to the announcement by the Central Bank of Libya (CBL), last Thursday (31 July), of the launch of the 'Your / Instant Salary Payment' system to transfer the salaries of public sector employees directly into their bank accounts.
Automatic employee data matching
The system adopts automatic matching of the data of employees at the Ministry of Finance and the Banking Information and Systems Authority without the need for traditional, slower and less accurate payment methods.
Call on citizens to update their data
The CBL confirmed that it is working to complete the technical link with commercial banks and the personal data system, calling on citizens to ensure that their data is up to date to ensure the readiness of the service by the end of August.
Abuse of the system
It will be recalled that the payment of state-sector salaries is routinely late by one or two months. It is also widely believed that many thousands, if not hundreds of thousands, on the state payroll should not be on it. Some are receiving multiple salaries, some are working in the private sector simultaneously, some do not turn up to work, while others are still being paid after having passed away. Hence Aldabaiba's use of the phrase 'to do justice to real workers in state institutions'.
Successful inter-departmental integration
Meanwhile, the General Information Authority (GIA), the lead government body on digital transformation, commended this move and integration between various departments and the CBL. It said this integration reflects the maturity of Libya's digital infrastructure and promotes the process of building an interconnected and efficient digital government.
State-sector salaries: aim for transparency and efficiency of spending
Aldabaiba said these state-led fiscal reforms in cooperation between the Ministry of Finance and the CBL aim to ensure transparency and efficiency of spending under the salary section, which accounts for 55% of public spending, and is one of the government's priorities to ensure social and economic stability.
Shall not allow the salaries section of the budget to be misused
Aldabaiba said paying state-sector salaries on time and not delaying them in all circumstances is also an important commitment in his government's work which they have not and will not deviate from. However, he said state-sector entities exploiting the salaries section of the state budget to justify unallocated expenses, expenses unrelated to employment, or paying salaries to individuals who do not perform jobs within legal entities, while thousands of actual employees are waiting for the release of their first salary, is what this step will address. He said this new system will give more opportunities for these quick and accurate salary releases, and will stop the exploitation of the salary section, and the continuation of the system inherited decades ago of wasting public money decades ago.
Instant and speedy employee data entry
I commend the efforts of the Central Bank of Libya, and affirm the government's commitment to the success of this step, and we hold the legal entities responsible for immediate compliance with the entry of their employees' data accurately and without delay, and I call on the Audit Bureau and the Administrative Control Authority to support the 'Your salary is instantaneous' system to enhance direct control over actual employment and related spending.
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CBL introduces the state sector Instant Salary Payment System Tags: CBL Central Bank of Libyadigital transformationstate-sector salaries
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Aldabaiba hails new instant salary payment system for controlling waste in the state-sector section of the budget
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