This came during Sheikh Mohammed bin Rashid chairing the first cabinet meeting, after the recent ministerial formation of the UAE government, which was held at Expo 2020 Dubai, in the presence of Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, and the team. Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, and Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential AffairsThe Cabinet adopted a number of initiatives and decisions aimed at continuing the development journey and enhancing the state’s leading position, in addition to a number of decisions, laws and legislation to develop government work..
Sheikh Mohammed bin Rashid stressed that the UAE, as it enters the new fifty years, is proceeding with clear national priorities based on the principles of the fifty new methodology, supported by a flexible federal budget that keeps pace with changes and developments. The daughter of Mohammed bin Zayed.. During the meeting, we approved the federal budget until 2026, with a total of 290 billion dirhams.. We will enter the new federal fiftieth with confidence, optimism and global aspirations.
The Vice-President of the Emirates also said: “We have approved the new methodology for government work in the coming period… a faster government… that relies on implementation sessions for transformational projects through sectoral work teams… Our work will not be based on individual ministries, but on strategic sectors… and the plans and agendas will not be the same.” measure, but rather field projects and initiatives.
Sheikh Mohammed bin Rashid directed all government and private institutions and teams in the country to work with them and focus on transformational projects, priorities and upcoming initiatives, as a comprehensive and integrated national framework to advance development in priority sectors and continue the achievements to enhance the country’s competitiveness.
During the meeting, Sheikh Mohammed bin Rashid said: “The adoption of the federal budget today… and the adoption of the new methodology for government work… is a message that we are heading towards greater, better and more beautiful federal years, God willing… and renewal is the year of life… and renewal is the secret of the UAE’s superiority.”
In the context of the meeting’s agenda, Sheikh Mohammed bin Rashid Al Maktoum approved new appointments in a number of federal agencies, in addition to the formation of a number of federal councils. Federal Tax Authority, Sheikh Shakhbut bin Nahyan, Chairman of the Executive Committee of the UAE-Saudi Coordination Council, and Abdullah bin Sultan Al Nuaimi, Chairman of the Judicial Coordination Council.
The Vice President of the Emirates added: “Today we approved the appointment of Muhammad bin Hadi Al-Husseini as Chairman of the General Pension and Social Security Authority and Chairman of the Union Export Credit Company, and the appointment of Ahmed Belhoul as Chairman of the Higher Colleges of Technology Complex. And Maryam Al Muhairi, Chairman of the Emirates Council for Climate Change and Environment.. All the best to everyone in their new assignments“.
Sheikh Mohammed bin Rashid added: “We also approved the establishment of the Emirates Infrastructure and Housing Council.. The goal is to unify federal and local housing efforts.. and consolidate coordination with regard to road and infrastructure projects.. and build an urban and housing road map for the United Arab Emirates.”
Sheikh Mohammed bin Rashid also said: “We have also approved the adoption of cyber security standards for government agencies and those proposed by the Emirates Cyber Security Council… Our borders in cyberspace are sovereign borders that we always need to protect and consolidate their defenses.”
General budget
During its session, the Council of Ministers approved the general budget of the Federation for the years 2022-2026 with a total of 290 billion dirhams, while the draft general budget of the Federation for the fiscal year 2022, the first year of the budget plan for the years 2022-2026, was approved with estimated expenditures of 58 billion nine hundred and thirty-one million dirhams.
The development and social benefits sector represents the largest proportion of the Federation’s 2022 budget, amounting to 41.2 percent, distributed among public and university education by 16.3 percent, social affairs by 6 percent, the health sector by 8.4 percent, pensions by 8.2 percent and other services by 2.6 percent, while 3.8 percent was allocated to the infrastructure and economic resources sector.
Economy Strength
The federal budget reflects the strength of the national economy and the abundance and sustainability of resources to finance development, economic and social projects, as its credits are distributed among different sectors, which confirms the continuation of the UAE’s approach to achieving a balance between expenditures and revenues, as it focuses during the next year on ambitious plans and projects that foresee new horizons towards the future. The budget also aims, according to its objectives, to raise living standards and provide a decent life for citizens and residents in the UAE, especially in the sectors of education, health, community development and housing programs, as well as various federal projects that enhance the quality of life of various members of society.
In government affairs, the Cabinet approved the appointment of Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, as Chairman of the General Budget Committee of the Federation and Chairman of the Board of Directors of the Federal Tax Authority, and the appointment of Mohammed bin Hadi Al Husseini as Minister of State for Financial Affairs as a member of the Council Administration of the Federal Tax Authority.
The re-formation of the Executive Committee of the Saudi-Emirati Coordination Council was also approved, headed by Sheikh Shakhbut bin Nahyan bin Mubarak Al Nahyan, Minister of State, and the membership of the Minister of Energy and Infrastructure, Minister of Education, Minister of Industry and Advanced Technology, Minister of Economy, Minister of State for Financial Affairs, and Deputy Secretary-General of the Supreme Council for National Security.
In the same context, the Council approved the appointment of Muhammad bin Hadi Al Husseini, Minister of State for Financial Affairs, as Chairman of the General Pension and Social Security Authority and Chairman of the Union Export Credit Company, and the appointment of His Excellency Abdullah bin Sultan Al Nuaimi, Minister of Justice, as Chairman of the Judicial Coordination Council, and the appointment of His Excellency Dr. Ahmed Belhoul Al Falasi, Minister of State of Entrepreneurship and Small and Medium Enterprises as Chairman of the Higher Colleges of Technology Complex, and the appointment of Her Excellency Maryam bint Mohammed Al Muhairi, Minister of Climate Change and Environment, as Chairman of the Emirates Council for Climate Change and Environment.
The Council also approved the restructuring of the Board of Directors of the Emirates General Petroleum Corporation, for a period of 3 years, subject to renewal, headed by His Excellency Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, and the membership of a number of personalities with specialized and diverse experiences in many fields that serve the Corporation towards achieving its goals and aspirations.
The Cabinet approved the establishment of the Emirates Infrastructure and Housing Council headed by Suhail bin Mohammed Al Mazrouei, with the membership of representatives from local governments and a representative of the Executive Committee of the President’s Initiatives.
The council will work on harmonizing and integrating the policies, strategies and projects of infrastructure and housing in the country in line with national priorities.
The Council was also assigned to submit a detailed study for the next twenty years of housing needs “grants and loans” and present it to the Council of Ministers within a month.
During the meeting, the implementation of the national cybersecurity standards issued by the Cyber Security Council was also approved to achieve the strategic objectives of the UAE in protecting, securing and preserving all its gains in various sectors, and keeping pace with global standards in the field of cybersecurity.
In legislative affairs, the Council of Ministers approved the issuance of a federal law regarding the amendment of some provisions of the federal law to impose a federal customs tax on imports of tobacco and its derivatives, aimed at integrating the financial and economic systems in the country, and enhancing the role of customs authorities in the country in promoting customs compliance and combating substance smuggling. harmful to the health of society.
In international affairs and relations, the Council approved, during its session, two agreements between the government of the state and the governments of the Republic of Seychelles and the government of the Democratic Republic of the Congo regarding mutual administrative assistance and cooperation in customs matters.
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