The Council of Ministers,
after perusal of Royal Court File 46020 dated 6 Jumada Al-Thani 1447 [27 November 2025], which includes Minister of Finance Letter 10921 dated 2 Dhu Al-Hijja 1446 [29 May 2025], regarding the proposal to amend the principle of the financial year of the state so that it begins on the 11th day of Capricorn, corresponding to 1 January, and ends on the 10th day of Capricorn, corresponding to 31 December,
after perusal of the Basic Law of Governance issued by Royal Order O/90 dated 27 Sha’ban 1412 [2 March 1992],
after perusal of the Law of the Council of Ministers issued by Royal Order O/13 dated 3 Rabi Al-Awwal 1414 [20 August 1993],
after perusal of Royal Decree D/6 dated 12 Rabi Al-Thani 1407 [13 December 1986],
after perusal of Bureau of Experts at the Council of Ministers Memo 1138 dated 23 Rabi Al-Awwal 1447 [15 September 2025] and Memo 2852 dated 16 Sha’ban 1447 [4 February 2026],
after perusal of Council of Economic and Development Affairs Recommendation 50-15/47/I dated 12 Rabi Al-Thani 1447 [4 October 2025],
and after perusal of General Committee of the Council of Ministers Recommendation 9738 dated 9 Ramadan 1447 [26 February 2026],
hereby decides
1․ The amendment to clause First of Royal Decree D/6 dated 12 Rabi Al-Thani 1407 [13 December 1986] is hereby approved to read as follows:
The financial year of the state begins on the 11th day of Capricorn, corresponding to 1 January, and ends on the 10th day of Capricorn, corresponding to 31 December.
2․ As an exception to the provisions of paragraph 1 of this decision, the financial year for 2027 begins on the 10th day of Capricorn, corresponding to 31 December 2026, and ends on the 10th day of Capricorn, corresponding to 31 December 2027.
A draft royal decree has been prepared in the form attached.
The Prime Minister
Issued on: 4 Dhu Al-Qa’dah 1447
Corresponding to: 21 April 2026
Published in Umm Al-Qura 5158 issued on 8 May 2026.