The UAE News Agency
The Financial, Economic and Industrial Affairs Committee of the Federal National Council (FNC) discussed its draft report on a draft federal law on the approval of the Union's single final account and the final accounts of independent entities for the fiscal year that was closed on 31/12/2017.
The committee also discussed the head office of the General Secretariat in Dubai, under the leadership of HE Majid Hamad Al Shamsi, chairman of the committee, its work plan to discuss a draft federal law on linking the general budget of the Union and the budgets of the independent federal agencies attached to the fiscal year 2019.
HE Majid Hamad Al Shamsi, chairman of the committee, said that the committee's report on a draft federal law on the adoption of the unified final account of the Union and the final accounts of the independent entities for the financial year closed on 31/12 / 2017, where it made a number of changes to the final recommendations. The report and its approval at the next meeting, in preparation for submission to the Council for discussion and approval.
The committees of the Council shall prepare their reports on the draft law and the general items on their agenda and submit them to the Council for discussion under the umbrella during the fourth regular session of the 16th legislative chapter. The Council shall have legislative, supervisory and political powers. exercise in accordance with the orientation and vision of the state in the future.
HE Majid Hamad Al Shamsi pointed out that the committee had reviewed its action plan to discuss a draft federal law on the link between the general budget of the Union and the budgets of the independent federal agencies for the financial year 2019. The provisions of the plan, which will include several meetings with representatives of the parties involved, In addition to the technical documents prepared by the General Secretariat of the Federal National Council.
The Council would like to discuss the greatest number of problems in implementing the objectives and initiatives of the Council's Parliamentary Strategic Plan for the years 2016-2021, which aims to provide the best parliamentary performance in the exercise of the legislative and supervisory powers of the Council in accordance with the orientations and ambitions of the leadership and its future vision and strategy in the coming years, The aim is to surprise the citizens and to reach the highest centers and indicators for global competitiveness.
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