Sample Term Paper
This analysis is based on the budgetary system of United Arab Emirates – UAE. Some basic facts and information about the country are discussed at first and after that the budget of U.A.E is described and an analysis is presented in the end of the report. The report sheds light on the current budgetary system followed in UAE and changes to the budgetary system, which are under consideration for future budgets. The proposed system of zero-based budgeting in the UAE is also discussed.
Background of UAE
United Arab Emirates is the formal name given to a unification of 7 emirates or entities united on the 2nd of December 1971. The Emirates in UAE are Ajman, Sharjah, Abu Dhabi, Dubai, Ras-al Khaimah, Fujairah and Umm-al-Qaiwain. UAE has a total area of 83,600 square kilometers and is a part of the Middle East (Emirates.org, 2007). The population of UAE is approximately 4.8 million and the native citizens are only 20 percent in this population. The climate of UAE is warm with high temperature and high levels of humidity in the summer season. The national language of UAE is Arabic but other languages are also used and the local currency units are Dirhams and Fils (Conext.com.au, 2005). The Supreme Council of Sheikhs governs the united emirates and the first president was the ruler of Abu Dhabi Sheikh Zayed bin Sultan al Nahyan (Worldinfozone.com, 2006).
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