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Department of Coordination of Fiscal Policies​

Department of Coordination of Fiscal Policies​


The UAE's Fiscal Policy Coordination Department collects and issues financial data and reports on UAE level, and undertakes the task of coordinating with the International Monetary Fund and other international organizations to apply best practices and standards with regard to fiscal policy coordination at the national level as well as preparing and reporting data

This department​ is in charge of the following tasks and competencies:
  • • Collecting and preparing consolidated financial data at UAE level, in accordance with international standards, with coordination with the relevant authorities.

  • • Preparing and following up the tasks of the Fiscal Policy Coordination Council and following up the implementation of its decisions.

  • • Coordinate with the relevant entities regarding the UAE’s macro-financial policy.

  • • Coordinate with the International Monetary Fund, the World Bank Group, and other international organizations regarding the application of standards and the unification of financial statements in the UAE.

  • • Any other functions related to the nature of its work, or assigned to it by the Assistant Undersecretary for Resources and Budget Affairs.

Fiscal Policy Coordination Section

The section coordinates with the concerned authorities to harmonize/unify financial policies at the federal and local levels, and to define the legislative framework for setting the rules governing the process of consolidating and compiling the financial statements, in addition to following up the tasks of the Fiscal Policy Coordination Council.

Tasks and specializations :
  • • Coordination and harmonization of the UAE’s macro-fiscal policy with the local and federal governments and relevant authorities.

  • • Coordination on developing a legislative framework for the governance standards the process for consolidating and collecting financial data at the state level.

  • • Coordinates with international organizations regarding the application of international standards.

  • • Coordinates with The Cabinet/ the Council of Ministers of the UAE regarding the decisions of the Fiscal Policy Coordination Council about financial policies at the UAE level.

  • • Prepare and follow up the work and secretariat of Fiscal Policy Coordination Council and follow up the implementation of its decisions.

  • • Any other functions assigned to the department by the Manager of the Fiscal Policy Coordination Department in the UAE.

  • • Coordination with international organizations regarding the preparation of researches on fiscal policies at the state level.

The Government Finance Statistics Section

The section is responsible for the collection and consolidation of the financial data; and the issuance of the financial reports at the UAE level, and the dissemination of the reports in coordination with the concerned authorities inside and outside the UAE. In addition, the section is also responsible for coordinating with the International Monetary Fund and other international organizations to adhere to the best practices and standards in the field of reporting. In addition to assessing gaps in the data and taking the necessary measures to ensure a high-quality level in the prepared reports.

Tasks and specializations :
  • • Collect and prepare the consolidated financial data, according to the International Standards, in coordination with the relevant associations.

  • • Coordination with international organizations regarding to apply and consolidating the financial statements. And to recommend applying it in the federal and local governments

  • • Raise recommendations to the concerned authorities in the UAE to have improved high-quality data./p>

  • • Coordinate with the concerned authorities regarding updating the public sector list according to the definition of the general government in the International Monetary Fund standards.

  • • Coordinate with the concerned authorities to integrate their financial systems with the Emirates Portal for Government Finance Statistics Reports.

  • • Participate in the meetings of the relevant committees regarding the financial statements at the UAE level.

  • • Preparing and publishing the UAE's consolidated financial reports in coordination with the concerned authorities inside and outside the UAE, in accordance with adopted dissemination standards.

  • • Provide the concerned authorities inside and outside the UAE with the required financial reports.

  • • Preparing the Cabinet memoranda on financial reports at the UAE level annually.​