The Normal Funds Committee has held its 14th assembly to debate the draft basic funds of the UAE for the fiscal yr 2026.
The assembly was attended by His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Courtroom; and H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance.
Additionally current have been Mohamed bin Hadi Al Hussaini, Minister of State for Monetary Affairs; Khaled Mohamed Balama Al Tameemi, Governor of the Central Financial institution of the UAE (CBUAE), along with representatives of the Presidential Courtroom and the Ministry of Finance.
Through the assembly, the funds committee mentioned numerous subjects, together with the draft basic funds for the fiscal yr 2026, as a part of the 2022–2026 funds plan in gentle of the updates made pursuant to the directives of the Normal Funds Committee at its thirteenth assembly held on July 10, 2025, together with the associated choices and suggestions.
Following the coordination carried out by the Ministry of Finance with all federal entities and, consistent with the provisions of Federal Decree-Legislation No. (26) of 2019 on Public Finance and its amendments, the committee directed that the required procedures be accomplished for making ready the draft federal funds for the yr 2026, to be subsequently submitted to the Cupboard.
The committee additionally reviewed the federal authorities’s money flows for fiscal yr 2025 primarily based on precise revenues collected as much as the top of August of the present fiscal yr, in addition to basic income forecasts for fiscal yr 2026 contemplating up to date tax laws and federal entities’ projections of their anticipated revenues.
The committee addressed the federal authorities’s monetary place for fiscal yr 2025 making an allowance for precise expenditures and revenues recorded because the begin of the present fiscal yr as much as the top of August 2025. The symptoms highlighted important progress throughout varied sectors and financial actions within the nation.
The committee additionally mentioned federal entities’ requests for financing strategic tasks and issued the required directives accordingly. As well as, it reviewed updates on accepted capital and growth tasks accomplished in the course of the elapsed interval of fiscal yr 2025, consistent with relevant monetary insurance policies and procedures.
The federal funds is a elementary pillar within the UAE’s sustainable growth journey and the sensible management’s instructions to attain its developmental and social necessities for the years forward.
Designed with flexibility, it’s topic to steady evaluation to maintain tempo with evolving modifications and directives, guaranteeing the best ranges of monetary effectivity inside the federal authorities and advancing the UAE’s aspiration for international management in public finance and sustainable growth.
The committee counseled the Ministry of Finance’s efforts in updating the draft funds for the fiscal yr 2026 and for its efficient coordination with federal entities all through the preparation course of.
The Cupboard has accepted the overall funds for the fiscal yr 2025, with revenues and expenditures estimated at AED71.5 billion every, consistent with the precept of sustaining steadiness between whole monetary assets and whole public expenditures.
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