(MENAFN - Khaleej Times) His Highness Shaikh Humaid bin Rashid Al Nuaimi, Member of the Supreme Council and Ruler of Ajman, has issued emiri decree No. (1) of 2013, approving Ajman's general budget for the fiscal year 2013.
The decree directed government departments and institutions to pursue sound fiscal policies and procedures under the emirate's government consolidated financial system and commit themselves in expenditures to the earmarked financial allocations.
Shaikh Ahmed bin Humaid Al Nuaimi, representative of the Ruler of Ajman for Financial and Administrative Affairs, has stated that the general budget of the Government of Ajman was planned in line with directives and visions of the Ruler of Ajman and Shaikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Ajman Executive Council, to achieve economic development and sustainable stability through optimal allocation and efficient use of resources so as to reflect the government plans and directions in implementing its programmes through rational and balanced fiscal policies, which in turn, provide basis needed to further stimulate economic growth and raise the efficiency of government agencies in providing better services for citizens and residents of the emirate.
He also said the budget focused on supporting qualitative Emiratisation and human resources and infrastructure development, enhancing services in the emirate and raising the standards of government services and modifying government fees and fines to accommodate the delivered services without placing any financial burden on the citizens or residents.
He stressed that the Government of Ajman had taken advanced steps in preparing the performance and programme budget since more than three years, a method that helps to evaluate the government financial performance and review strengths and weaknesses in order to come up with prompt, appropriate solutions.