JAN-FEB

Preparing the Fiscal and economic outlook for the coming budget year (MTFF).

MAR-APRIL

Preparing three years plan of expenditures for the budget year (MTEF) and revenue estimates.

MAY-JUNE

Present the result of the studies to Supreme Fiscal Committee. After the approval of the fiscal policy and MTEF. DOF circulated the following to the entities:

• Ceiling of government.

• Guidelines for budgeting preparation.

JUL-AUG

All government departments start to prepare their detailed budget per to DOF circular.

SEP-OCT

The entities submit their budget proposal to Department of Finance in order to analyze and negotiate their detail plans for the coming year.

NOV

Present the outcome to Supreme Fiscal Committee and prepare the final report of the budget.

DEC

Present the final budget plan to be approved by his Highness the ruler of Dubai. DOF announce the budget to the public.