UAE Central Bank and Financial Institutions Decree-Law

Article 34 — Article (34) Coordination between Monetary and Fiscal Policies

Part One: The Central Bank · Chapter Four: Monetary Policy and Financial Stability

The Central Bank and the Ministry shall establish a mechanism for coordinating monetary policy and fiscal policy for the purpose of achieving balanced and sustainable growth in the national economy. Such coordination shall take place before the beginning of each financial year, or whenever necessary, and shall be in respect of volume of Public Sector expenditures and debts, along with debts of Government-Related Entities, and their respective plans regarding debt issuance in Dirham and foreign currencies.

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