iPhone | iPad
Android
Huawei
Nearly 6,000 volunteers linked to a single support group are working tirelessly across the country to help those affected
KT APPDOWNLOAD
Maktoum bin Mohammed chairs meeting of General Budget Committee
The meeting also reviewed the federal government’s expenditure policy for the 2021 fiscal year
Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance, recently chaired a meeting of the General Budget Committee at the Expo 2020 Dubai venue.
The meeting was attended by Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs; Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs; Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs; and Khaled Mohamed Balama, Governor of the Central Bank of the UAE.
The General Budget Committee discussed the federal budget for the 2022-2026 period in the light of the recent updates to the Ministry of Finance’s budget development procedures. The Committee also reviewed cash flows expected in the 2022 fiscal year and the five-year period extending from 2022-2026, taking into account projected revenues of federal entities, and public spending priorities related to development projects.
The General Budget Committee directed the Ministry of Finance to continue working on the draft budget for the 2022 fiscal year, and prepare detailed estimates for the federal budget for the next five years, taking into consideration the country’s strategic objectives and projects planned for the next fifty years.
The meeting also reviewed the federal government’s expenditure policy for the 2021 fiscal year, and revenues of federal entities in the third quarter of this year. It also reviewed national income in light of the growing pace of economic recovery.
business@khaleejtimes.com
More news from
Real estate developer MAG pledges to cover all the costs of necessary repairs for affected residents
The substantial increase in charges left many residents financially burdened, as they strive to retrieve their stranded vehicles
While parents acknowledge the importance of safety as a result of inclement weather, they also expressed disquiet about extended holidays
World number one Swiatek extended her run at the tournament to 10-0 as she brushed aside Briton Raducanu
The incident happened shortly after jury selection for the hush-money trial was completed
MS Dhoni's cameo in vain as five-time champions dealt thrid loss but hold on to third place in the standings
Roads and Transport Authority has been working round the clock to carry out maintenance work
