UAE’s FNC endorses federal budget draft law

Abu Dhabi – Mubasher: The Federal National Council (FNC) passed on Tuesday a draft law on linking the budgets of autonomous government entities with the federal budget for 2016.

The Cabinet approved late in October AED 48.557 billion ($13.23 billion) federal budget for next year with zero deficit.

The budget is focused on social development, education and health care.

Mubasher Contribution Time: 23-Dec-2015 10:55 (GMT)