Dubai - Sheikh Mohammed approves Dh66.4b Dubai budget for 2020

Dubai - Sheikh Mohammed approves Dh66.4b Dubai budget for 2020
Dubai - Sheikh Mohammed approves Dh66.4b Dubai budget for 2020

Thank you for reading the news about Sheikh Mohammed approves Dh66.4b budget for 2020 and now with the details

Aden - Yasmine El Tohamy - It is the largest budget in the history of Dubai.

His Highness Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, on Sunday approved a three-year budget from 2020 to 2022 with a total expenditure of Dh196 billion.

In continuation of the government's approach, the budget focuses on boosting overall macro economy of the emirate.

Moreover, budget for 2020 was also approved with a total expenditure of Dh66.4 billion. It is the largest budget in the history of Dubai. The budget will stimulate local economy and support to make Expo 2020 Dubai a special and prominent event in the history of the world's largest and most prestigious exhibition.

The next year's budget spending focuses on social services, which include healthcare, education, culture and social housing, in addition to developing a social benefits fund and supporting families.

Abdul Rahman Saleh Al Saleh, Director General of the Department of Finance in Dubai, said the budget will provide economic incentives in order to attract more investments and improve the emirate's competitive position. It is also aimed at implementing its benefits and targets from the Strategic Plan 2021 and beyond.

[email protected]

These were the details of the news Dubai - Sheikh Mohammed approves Dh66.4b Dubai budget for 2020 for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at Khaleej Times and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

PREV Dubai government staff to become social media experts
NEXT UAE to sponsor orphans of Beirut blast victims