SHARJAH, -- The Ministry of Finance, MoF, in collaboration with the Central Finance Department of Sharjah, yesterday organised the second meeting of the Government Financial Policy Coordination Council for 2016.

The meeting was headed by Younis Haji Al Khoori, Under-Secretary of the MoF and Chairman of the Government Financial Policy Coordination Council, and was attended by Saeed Rashid Al Yateem, Assistant Under-Secretary of Resources and Budget Sector at MoF.

Al Khoori highlighted the government finance departments' efforts to support the council, specifically with their role in linking the financial systems with the Emirates Gate of Government Financial Statistics reports. He added, "The Government Financial Policy Coordination Council plays a pivotal role in unifying efforts and coordination between federal and local government entities to apply the best international standards and enhance government financial work."

Waleed Ibrahim Al Sayegh, Director-General of the Central Finance Department of Sharjah, said, "We are delighted to host for the first time the council's meeting in Sharjah. This reflects the commitment and cooperation among UAE finance institutions and departments to review the latest international developments on financial policies. This is also a result of the government's efforts towards raising the level of local and federal fiscal policies, in accordance with best international standards."

The meeting was also attended by members of the Government Financial Policy Coordination Council from UAE governments, including Waleed Ibrahim Al Sayegh, Director-General of the Central Finance Department of Sharjah, Marwan Al Ali, Acting Director-General of the Department of Finance in Ajman, Arif Abdul Rahman Ahli, Executive Director of Budget and Planning at the Department of Finance in Dubai, Youssef Abdullah Al Awadi, Deputy Director of DoF- Fujairah, Abdul Aziz Hareb Al Yousuf, Executive Director of General Budget Sector at the Department of Finance- Abu Dhabi, Mohammed Sultan Al Qadi, Managing Director of the Investment and Development Office of the Government of Ras al-Khaimah, and Mohammed Saif Al Talay, General Director of the Department of Financial Auditing, Umm Al Qaiwain.

Source: Emirates News Agency