The organisational structure of Ministry of Finance of UAE

The Ministry of Finance consists of the leaders of the ministry, leading councils and a council to coordinate financial policies across the UAE, four Assistant Under Secretaries, 12 departments in four sectors. Work sectors are: Resources and Budget, International Financial Relations, Financial Management, and Support Services, in addition to the departments of Institutional Development, Macroeconomic … Continue reading The organisational structure of Ministry of Finance of UAE

Budget & Budgeting analysis of United Arab Emirates

The financial year is composed of 12 months, starting from 1st January and ending on 31st December of each year. Ministry of Finances issues a circular that specifies the necessary steps for the preparation of next year’s draft budget during the third month of the present fiscal year. Such a circular shall include budget cap, … Continue reading Budget & Budgeting analysis of United Arab Emirates