His Highness Dr Sheikh Sultan Bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued Law No.08 of 2020 regarding the general budget of Sharjah government for the fiscal year 2021.
The law stipulates that the general budget of Sharjah government attached to this law shall be enforced during the period from Jan.1, 2021, until Dec.31, 2021.
According to the law, the head of the central finance department or his representative may approve the required financial transfers between the activities of the government entity upon its request, ater studying the justifications presented in such a way that doesn’t negatively affect the performance indicators of the activities transferred from it.
It is also permissible to delegate government agencies the authority to conduct financial transfers between sections and items of the same activity at a rate of (100%) except for section 1.
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