مجلة دراسات الإنسان و المجتمع

The Libyan budget during last and current years display poor financial planning, that negatively affects the correctness of the financial exceptions, that result in emerge of financial violations. Hence, this research aim is to highlight the importance of financial planning in the exact preparation of the state budget and to be acquainted with the modern advance styles in the scope of their preparation, and illustrating the real situation of preparing the Libyan budgets. The research results reveal that estimation of Libyan budget is prepared according to the previous year expenditure plus a certain percentage upon the personal without relying on the scientific bases and use of the modern financial planning styles in preparing the budget. The study states that the adopted style in preparing the budgets the style of (Item –Line –Budget) it is an old style that neglects the importance of financial planning and the efficiency of programs and projects . The study also illustrated that the adopted governmental accounting system in the Libyan governmental units is the cash system which is a traditional system, not assisting illustration of real results of governmental unit’s works. Accordingly ,, the study recommends the important extractors in preparing the Libyan budget , by using the financial planning tools and the logical expectations of macro-economic and the modern quantitative used styles in the financial expectation and moving to the modern styles in preparing the budget The study confirms the importance of developing the financial law of the Libyan state , the budget law and the governmental accounting to cope with the international developments aspects in the scope of the modern financial systems . The research involves another group of results recommendation including the enhancing of quality of financial planning for the state budget Key words: Budget ,General Expenditures , General Revenues – the Financial Planning.