General Budget Committee discusses draft budget for the fiscal year 2026

The General Budget Committee has held its 14th meeting to discuss the draft general budget of the UAE for the fiscal year 2026.

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The meeting was attended by His Highness Sheikh Mansour Bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court; and Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance.

Also present were Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs; Khaled Mohamed Balama Al Tameemi, Governor of the Central Bank of the UAE (CBUAE), in addition to representatives of the Presidential Court and the Ministry of Finance.

During the meeting, the budget committee discussed a number of topics, including the draft general budget for the fiscal year 2026, as part of the 2022-2026 budget plan in light of the updates made pursuant to the directives of the General Budget Committee at its 13th meeting held on July 10, 2025, along with the related decisions and recommendations.

Following the coordination carried out by the Ministry of Finance with all federal entities and, in line with the provisions of Federal Decree-Law No. (26) of 2019 on Public Finance and its amendments, the committee directed that the necessary procedures be completed for preparing the draft federal budget for the year 2026, to be subsequently submitted to the Cabinet.