Rhythm Of Your Heart
Yakh Zadam
Shadmehr Aghili
Listen To Radio Shoma 93.4
Listen Live

H.H. Sheikh Maktoum chairs general budget committee meeting

Tuesday, 13 September 2022 18:31

By ARN News Staff

@DXBMediaOffice/ Twitter

The UAE’s General Budget Committee met on Tuesday to discuss the draft of the 2023 federal budget.

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, and the UAE's Deputy Prime Minister and Minister of Finance, chaired the meeting.

The Committee discussed several topics, including federal cash flow for financial years 2022-2023, in light of the actual expenditures and revenues during the current financial year and the expected revenues.

It directed the Ministry of Finance to proceed with drafting the 2023 federal budget before presenting it to the UAE Cabinet for approval.

The Committee also reviewed and issued the necessary directives regarding federal entities’ requests for additional funding for 2022.

The meeting was attended by H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court; H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation; Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs; and Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE); in addition to representatives of the Ministry of Finance.

Share

More from Business

  • Nasdaq set to confirm bear market as Trump tariffs trigger recession fears

    The tech-heavy Nasdaq Composite index was set to confirm it was in a bear market on Friday, down more than 20 per cent from a recent record high, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump could spark a trade war and tip the global economy into recession.

  • Dana Gas and Crescent Petroleum exceed 500M boe in Khor Mor field

    UAE-based Dana Gas and Crescent Petroleum, alongside their partners in the Pearl Petroleum consortium, have said the cumulative production from their Khor Mor project, the largest non-associated gas field in Iraq, has exceeded 500 million barrels of oil equivalent (boe).

  • China to impose tariffs of 34% on all US goods

    China has announced a slew of additional tariffs and restrictions against US goods as a countermeasure to sweeping tariffs imposed by US President Donald Trump. The Finance Ministry said it would impose additional tariffs of 34 per cent on all US goods from April 10.

  • Shares bruised, dollar crumbles as Trump tariffs stir recession fears

    Stocks limped to the end of the week on Friday, the dollar was set for its worst week in a month while gold flirted with a record peak as investors feared US President Donald Trump's sweeping tariffs would tip the global economy into a recession.

  • Wall Street futures sink as tariffs fuel recession fears

    US stock index futures tumbled on Thursday after President Donald Trump's sweeping tariffs on major trade partners heightened fears of an all-out trade war that could push the global economy into a recession.

News

Our Shows

Quick Links

Listen on the Go

  • Available on the App Store
  • Available on Google Play

© 2025 ARN and Aiir. All Rights Reserved.