191013 His Highness Sheikh Khalifa Bin Zayed Al Nahyan protocol picture
His Highness Sheikh Khalifa bin Zayed Al Nahyan. Image Credit: WAM

Abu Dhabi: President His Highness Sheikh Khalifa bin Zayed Al Nahyan on Wednesday issued federal law No.3 of 2022 for maintaining a balance in the 2022 federal general budget.

The law allows the use of foreign reserves and international debt instruments to maintain the balance in the budget, the Ministry of Finance said on Wednesday on Twitter.

The law also allows the use of a portion of the government cash reserves to tackle the financing gap.