The IMF is to advise the UAE on public spending to ensure future generations enjoy the full benefits of the country's wealth.
Officials from the IMF will help to better link up the budgets of the seven emirates and the federation, said Harald Finger, the IMF mission chief to the UAE.
"An IMF technical assistance mission is scheduled to support the UAE’s Fiscal Coordination Council (FCC) in broadening the scope of its work toward an effective coordination of fiscal policy plans," he said yesterday after the IMF released a report following a recent mission to the country.
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