The Minister of State for Monetary Affairs, Muhammad bin Hadi Al-Husseini, said that the entire basic reserve of the state, along with the federal funds for the monetary 12 months 2024, amounted to 7.8 billion dirhams, emphasizing that the state goals to extend the final reserve to extend to fifteen billion dirhams.
The minister stated through the session of the Federal Nationwide Council this morning, in response to the calls for of members of the Federal Nationwide Council to make use of the final reserve for expenditure on varied sectors: “The excess within the funds goes to make use of the final reserve in future initiatives of the state”, indicating that the anticipated basic surplus within the 2024 funds reaches one billion dirhams, which contributes to strengthening and strengthening the final reserve.
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