As per the federal decrees No. (28) and No. (29) for 2016 on establishing UAE Cabinet, and the consequent organizational restructuring of some ministries and federal independent bodies; the date for submission of budget for projects of federal entities for 2017- 2021 to the Ministry of Finance has been extended to 05/12/2016. It is of utmost importance to comply with the guidelines/instructions and steps included in the Financial Circular No. (1) for 2016 on preparing the draft budget 2017-2021 according to the rules adopted in this regard.
Financial Circular No. (5) for 2016 on extending date for submission of budget 2017-2021