The Committee on Financial, Economic, and Industrial Affairs of the Federal National Council held its meeting on Tuesday, November 25, 2025, at the headquarters in Dubai, under the chairmanship of Saeed Rashed Al-Abedi, Chairman of the Committee. The meeting discussed a federal bill concerning the linkage of the Union's general budget and the budgets of independent federal entities for the fiscal year 2026. The meeting was attended by representatives from the Ministry of Finance. Members of the committee present included Khaled Omar Al-Kharbi, Secretary of the Committee, Dr. Tariq Hamid Al-Tayer, First Deputy Chairman of the Federal National Council, Aisha Rashed Al-Yateem, Marwan Obaid Al-Muhairi, and Mona Khalifa Hammad, members of the Federal National Council. Also present from the Ministry of Finance was Saeed Rashed Al-Yateem, Assistant Under-Secretary for the Budget and Government Revenue Sector. According to the government's explanatory memorandum on the bill, the revenues of the Union's general budget for the fiscal year 2026 are estimated at 92.4 billion dirhams, with expenses estimated at the same amount. The bill aims to support the government's plans to empower ministries and federal entities to implement strategic and operational programs and initiatives in accordance with the approved budget by providing the necessary financial allocations to implement their strategies for the fiscal year 2026. The bill consists of four articles. The first article addresses the expenditures and revenues of the Union's general budget. The second article approves the budgets of the independent federal entities covered by the law. The third article grants the Ministry of Finance the authority to take the necessary financial and accounting measures to implement the general budget, including providing financing for expenditures and projects approved by the Council of Ministers, additional financing for federal entities, and financial amendments related to the restructuring of the federal government. The fourth article contains provisions regarding the publication of the law and its enforcement.
