Nasser Al Jabri (Abu Dhabi)
The Federal National Council has approved a federal draft law regarding linking the general budget of the Federation for the fiscal year 2022, where the volume of revenues was estimated at 56.7 billion dirhams, while expenditures were estimated at 58.9 billion dirhams. This came during the second session of the third session of the 17th legislative term, which was held by the Council at its headquarters yesterday in Abu Dhabi, headed by His Excellency Saqr Ghobash, and in the presence of His Excellency Abdul Rahman bin Muhammad Al Owais, Minister of Health and Community Protection, Minister of State for Federal National Council Affairs, and His Excellency Muhammad bin Hadi Al Husseini, Minister of Health State for Financial Affairs, in addition to the members of the Council.
The draft law on linking the general budget of the Federation consists of 34 articles that include a statement of the implementation of the budget of each federal entity covered by Federal Law No. 6 of 2019 regarding linking the general budget of the Federation and independent entities, as well as the outcome of implementing the budget of these entities, in addition to the final account of all independent budgets and financial statements Consolidated and consolidated final account of the Federation.
His Excellency Mohammed bin Hadi Al Husseini stressed, during his comment on the budget, that it includes the provision of 3652 vacant jobs for citizens distributed among the various federal authorities, where requests for appointments and promotions will be studied, pointing out that two billion dirhams have been allocated to the Mohammed bin Rashid Innovation Fund, to support innovations, innovators and entrepreneurs. In addition, 300 million dirhams were allocated to support the Alumni Fund, which was launched during the announcement of the 50 projects.
His Excellency pointed out the increase in the volume of housing allocation within the budget, which amounted during the current year to 2.4 billion dirhams from operating expenses, grants, loans and interests, while the next year will witness the allocation of 2.7 billion dirhams.
In response to the questions of a number of members regarding the developments of the federal health insurance budget, His Excellency clarified that the discussion with the Ministry of Health and Community Protection on a number of points related to the federal health insurance project has been completed, and a set of views on the subject have been submitted to the Council of Ministers, where the concerned authorities are waiting Directive by the Council of Ministers on it.
According to the distribution of expenditures within the general budget of the Federation, 36.8% was allocated for government affairs, 33% for social development, 14.5% for other expenses, 8.2% for social benefits, 4% for assets and financial investments, in addition to 3.6% for infrastructure and economic resources.
The session witnessed the presentation of a set of parliamentary proposals by Obaid Khalfan Al-Ghoul Al-Salami, a member of the Council, which included reconsidering the value of the fines on points and deducting a percentage of the banks’ profits transferred to the employment of citizens, and preventing banks from dealing with auditing companies outside the state, and to be named the best 5 banks annually in the process of Emiratisation to be honored.
localization of banks
His Excellency Muhammad bin Hadi Al-Hussaini, in response to a question from Obaid Khalfan Al-Ghoul Al-Salami, a member of the Council, regarding the low rate of Emiratisation in the banking sector, explained that the Council of Ministers approved the Emiratisation strategy in the banking sector based on a points system, and this strategy entered into force in January 2017. Assigning the Central Bank to implement this strategy and circulate it to all banks in the country, and it does not only target Emiratisation, but also aims to train and qualify citizens, noting that Emiratisation in banks is carried out through a points system that aims to increase the number of citizens at various job levels in banks.
His Excellency announced that the Emiratization figures in banks are improving, as the percentage of citizens occupying vital jobs increased from 19.3% at the end of 2018 to 23.7% in June 2021, and employment rates in senior jobs increased from 16.2% to 16.7%, and the percentage increased in The middle management increased from 24% to 28.6%, stressing that work is being done to rehabilitate and train citizens to raise their level to take up vital jobs in the higher sectors in the banking sector. senior jobs.
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