FNC’S com­mit­tee ap­proves re­port on draft law over bud­get

The Gulf Today - Business - - FRONT PAGE -

DUBAI: The Fed­eral Na­tional Coun­cil (FNC), Fi­nan­cial, Eco­nomic and In­dus­trial Af­fairs Com­mit­tee ap­proved its re­port on a draft fed­eral law link­ing the coun­try’s gen­eral bud­get to the bud­gets of in­de­pen­dent fed­eral au­thor­i­ties for the 2019 fis­cal year.

It ap­proved the re­port dur­ing its meet­ing on Wed­nes­day at the head­quar­ters of the FNC Gen­eral Sec­re­tariat in Dubai, chaired by Ma­jid Hamad Al Shamsi, Chair­man of the Com­mit­tee.

The com­mit­tee’s mem­bers in­cluded Salem Ab­dul­lah Al Shamsi, Com­mit­tee Mod­er­a­tor, Dr. Saeed Ab­dul­lah Al Mut­tawa, Saeed Omair Yousef Al Muhairi, Ab­du­laziz Ab­dul­lah Al Zaabi, Ahmed Yousef Al Nuaimi and Mar­wan Ahmed bin Gheleita.

Ma­jid Al Shamsi said that the com­mit­tee added sev­eral amend­ments to the law draft, which will be sub­mit­ted to the FNC for dis­cus­sion dur­ing its next ses­sion.

He added that the com­mit­tee also dis­cussed its re­port on com­pet­i­tive­ness and statis­tics, which will be sent to the FNC for its third ses­sion on 20th Novem­ber, 2018. The com­mit­tee also dis­cussed and is­sued rec­om­men­da­tions on the re­port, which will also be sub­mit­ted to the FNC for dis­cus­sion and ap­proval, he fur­ther added.

Ma­jid Al Shamsi high­lighted the FNC’S keen­ness to dis­cuss a range of is­sues re­lated to im­ple­ment­ing the ob­jec­tives and ini­tia­tives in­cluded in the “Par­lia­men­tary Strat­egy Plan of the FNC 20162021,” with the aim of achiev­ing the best par­lia­men­tary per­for­mance, and in line with the as­pi­ra­tions of the wise lead­er­ship and its fu­ture vi­sion and strat­egy to make cit­i­zens happy and lead in world com­pet­i­tive­ness in­dexes.

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