H.H. Sheikh Hamdan Bin Rashid reviews draft 2013 federal budget
24 September 2012
Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai, UAE Minister of Finance and President of Dubai Health Authority chaired the 18th meeting of the Fiscal and Economic Committee to discuss the 2013 federal budget.
The committee reviewed the draft budget for the fiscal year 2013 presented by the Ministry of Finance, and additional requests by federal ministries and departments, compared to the 2013 budget listed within the Dh122.5 billion federal government’s budget for 2011-2013, approved by the Cabinet in 2010, with Dh41.8 billion appropriated for 2012 alone.
During the meeting, the committee reviewed all requests by federal ministries and departments and their potential effect on the 2013 budget allocated earlier within the 2011-2013 budget. The committee submitted the 2013 budget to the Cabinet for approval.
