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Home»Business»UAE critiques draft federal funds for 2026
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UAE critiques draft federal funds for 2026

VernoNewsBy VernoNewsJuly 10, 2025No Comments2 Mins Read
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UAE critiques draft federal funds for 2026
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The UAE’s Basic Funds Committee has held its thirteenth assembly to assessment the draft basic funds for the fiscal 12 months 2026, signalling the subsequent section of the nation’s monetary planning and coverage course.

Chaired by Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Courtroom, the assembly came about at Qasr Al Watan in Abu Dhabi.

The committee reviewed the draft 2026 federal funds as a part of the broader five-year monetary framework (2022–2026), developed in coordination with all federal entities underneath the steerage of the Ministry of Finance.

UAE funds 2026

The funds preparation adheres to Federal Decree-Regulation No. (26) of 2019 on Public Finance, together with its amendments and related choices.

The committee additionally reviewed:

  • Funds proposals from varied federal entities
  • The monetary place for the primary half of fiscal 12 months 2025, together with money inflows and outflows
  • Up to date income and expenditure forecasts for 2026

These projections mirror sustained restoration throughout key financial sectors and align with optimistic nationwide development indicators.

The committee directed the completion of all procedures required for finalising the draft 2026 funds, which will probably be submitted to the UAE Cupboard for approval. It additionally beneficial taking acceptable measures based mostly on present monetary developments and financial forecasts.

The committee recommended the Ministry of Finance for its efficient coordination with federal entities and for updating the draft funds in response to shifting international and native financial situations.

The assembly was attended by senior UAE leaders together with Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of International Affairs, and Mohamed Hadi Al Hussaini, Minister of State for Monetary Affairs, Khaled Mohamed Balama Al Tameemi, Governor of the Central Financial institution of the UAE.

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