President issues federal budget law

Abu Dhabi / WAM

President His Highness Sheikh Khalifa bin Zayed Al Nahyan, has issued a Federal Law on linking the general budget of the Federation and the budgets of the autonomous state institutions for the fiscal year 2018.
According to the Law, published in the Federal Official Gazette, both the expenditures and the revenues in the Federation’s general budget for the fiscal year 2018 have been estimated at AED51.388 billion. This Law will be effective from January 1 until December 31, 2018. It will be implemented in accordance with provi- sions of Federal Law Decree No. 08 of 2011 concerning rules of the preparation of the general budget and the final accounts of the federal entities.

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