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UAE to enhance the financial sustainability of federal entities
Gulf Today
|June 15, 2025
In a step aimed at enhancing the efficiency of debt collection and supporting financial sustainability across federal entities, the Ministry of Finance (MoF) organised a specialised workshop in Dubai to discuss the provisions of Cabinet Resolution No. (14) and Cabinet Resolution No. (15) of 2025, concerning the outsourcing and installment of the collection of debts owed to federal entities.
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The workshop was attended by directors of financial and legal affairs from various federal entities, as well as representatives from the Ministry's Government Revenue and Legal Affairs departments.
The session comes as part of the Ministry's ongoing commitment to supporting federal entities in their capacity as creditors and parties responsible for the collection of dues, and to familiarise them with the mechanisms and procedures that allow for greater flexibility in implementing these resolutions.
This, in turn, contributes to improving the efficiency of financial collections and raising levels of compliance, in line with Federal Decree-Law No. (15) of 2024.
Saeed Rashid Al Yateem, Assistant Under-Secretary for the Government Budget and Revenue Sector at the Ministry of Finance, said, “This workshop reflects the Ministry of Finance's commitment to enhancing transparency and efficiency in managing federal financial resources by empowering entities to implement the Cabinet resolutions on debt collection in a flexible and financially governed manner.
Implementing outsourcing and instalment mechanisms is an important step toward advancing the federal financial system and ensuring financial sustainability.”
This story is from the June 15, 2025 edition of Gulf Today.
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