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The Finance and Economics Committee reviewed the forecast of the cash flow for the second half of the 2017-2018 fiscal year, based on the country’s expected overall income, while the transparency of these financial reports confirms an overall cash surplus that resulted from the policies of the 2016 general budget and the strength of the UAE economy.

This provided the necessary cash flow to finance all economic and service projects and continue the construction and rebuilding of the country’s infrastructure, allowing the committee to take the necessary decisions and implement the appropriate recommendations.

The committee held its regular meeting today at the Presidential Palace, under the chairmanship of H.H. Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance, and attendance of H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs and Deputy Chairman of the Committee, and H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, to discuss the UAE’s general budget.

The committee also discussed the UAE’s draft general budget for the 2018 fiscal year, after federal authorities updated their own budgets using an automated system, as part of the "Five-Year Plan 2017-2021" of the UAE Vision 2021, which aims to make the UAE among the best countries in the world in all areas.