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Department of Financial Operations

The Department of Financial Operations manages numerous components of the UAE’s fiscal accounts and systems, also producing reports and providing support to government entities.

This department has the following roles and responsibilities:


Managing and developing the unified accounts structure of the Federal Government in accordance with the international standards.


Developing rules and dates of closure of the accounting periods for budgets of Federal authorities and pursuing to close them in a timely manner.


Preparing the consolidated Final Account of the Federal Government for the fiscal year-end and preparing the draft law required to approve the final account.


Coordinating with the State Audit Institution (SAI) to monitor the final accounts laws drafts.


Preparing periodic financial reports for the implementation of the general budget and submitting them to the Council of Ministers.


Managing, developing and operating the financial systems of the Federal Government, implementing the systems in the Federal authorities and providing the required technical support for these authorities.


Managing operations related to the system of the unified treasury account at the Central Bank.


Managing and organising the opening of bank accounts for the Federal authorities at banks inside and outside the country.


Performing the necessary bank reconciliations for government bank accounts.


Following-up on cash revenues and ensuring their transfer at the appropriate times to the public treasury in coordination with the General Revenue Department of the Ministry.


Paying the disbursements and financial obligations of the Federal Government.


Preparing necessary studies on the forecasts of revenue and cash disbursements relating to the Federal Government.


Operating cash surpluses through the use of short or medium-term investment instruments in order to gain the best returns on invested cash.


Suggesting financing instruments for the general budget, such as bonds, sukuk, etc. in coordination with the Macroeconomic and Fiscal Policy Department of the Ministry.


Preparing necessary arrangements for the loans of the Federal Government and following-up on paying them off.


Following-up on the implementation of the general budget and independent budgets for the Federal authorities.


Calculating the shares of the government and individuals, and the deductions for the retirement of the citizens of GCC countries who work in the public sector, and transferring these deductions to The General Pension and Social Security Authority (GPSSA).


Any other competencies related to the work of the department and entrusted to it by the Assistant Under Secretary of Financial Management Sector.