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Mohammed bin Zayed chairs ADEC meeting

posted on 22/01/2009: 881 views



The Abu Dhabi Executive Council (ADEC) held morning a meeting yesterday presided over by its chairman, H.H. Sheikh Mohammed bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces.

The council reviewed a number of issues and projects referred to it by local departments and agencies executing various development and services projects, aimed at improving the performance of Abu Dhabi government.

The council approved the 2009 budget of the Finance Department, which is looking forward for the approval before the beginning of the fiscal year to enable government departments and institutions embark upon the execution of their programmes.

The council also approved a memorandum from the Khalifa Fund for the Development of Small and Medium Scale Enterprises. The memo calls for an increase in the capital of the Fund in accordance with Article 5 of Law no. 14 of 2005 passed by the ADEC. - Emirates News Agency, WAM

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