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Resolution issued to establish bureau for financial policies and budgeting

According to the resolution, the bureau shall report to the Crown Prince and Chairman of the 
Executive Council.

The resolution named Dr Ahmed Mubarak Al Mazrouei as Chairman of the bureau. Hamad Al Hurr Al Suwaidi and Riyad Abdul Rahman Al Mubarak, were also named 
as members.

The bureau is mandated to oversee all matters pertaining to the financial policies and the general budget of the government entities, including those affiliated to the Crown Prince. It shall act as a conduit between the Department of finance and the Executive Council.

The bureau shall submit findings of studies and recommendations to the Executive Council for 
its approval.

The bureau’s duties include studying, discussing and proposing financial policy and general budget for the emirate of Abu Dhabi.

It is also mandated to study, discuss and propose annual plans, general budget projections, to suggest appropriate sources for financing major government projects, to define priorities for expenditure in the general budget, to identify ways of integrating financial and strategic plans under the emirate’s public policy, to set a public debt ceiling and government expenditure ceiling, to regularly issue financial reports and to perform any other tasks assigned by the Executive Council.

The resolution shall be effective from the date of issuance and shall be published in the official gazette.