Uae Federal Budget 2021

A large share of the 2021 budget will be allocated to social development including social welfare health and education. Middle east news uae an aerial view of the burj al arab hotel in the gulf emirate of dubai uae on july 8. Dubai reuters the united arab emirates government approved a 58 billion dirhams 15 8 billion budget for next year state news agency wam reported.

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Uae Federal Budget Preparation Frames And Steps

Dubai nov 1 reuters the cabinet of the united arab emirates approved a smaller federal budget for 2021 in a sign that the country is curbing expenditure amid the coronavirus crisis and lower.

Uae federal budget 2021. The uae cabinet has approved the federal budget of dh58 billion for the fiscal year 2021 during a meeting chaired by his highness sheikh mohammed bin rashid al maktoum vice president and prime minister of the uae and ruler of dubai. A major share of the 2021 budget will be allocated to social development including social welfare healthcare and education. The uae economy will be among the fastest to recover in 2021 and the government has dealt with the 2020 budget efficiently and.

The federal budget continues to focus on both social and economic development which includes expanding development plans and projects to raise living standards and provide a decent life for emiratis and residents. The 2021 federal budget keeps pace with global. Accordingly on sunday november 1 the cabinet of the uae approved the 2021 federal budget at aed 58 billion 15 8 billion reducing expenditure next year by 5 5 percent compared to the current year s budget which is the highest one in the country s history.

Uae cabinet approves dh58bn federal budget 2021 dg staff abu dhabi 2 november 2020. Uae cuts spending in 2021 federal budget november 1 2020 at 2 06 pm published in. The efficiency of government spending in the uae is among the highest in the world and we look forward to a better and more accomplished in 2021.

The cabinet of the united arab emirates approved a federal budget of 58 billion dirhams 15 8 billion for the fiscal year 2021 state news agency wam reported on sunday. The budget was down from this year s 61 35 billion dirhams. The cabinet of the united arab emirates approved a smaller federal budget for 2021 in a sign that the country is curbing expenditure amid the coronavirus crisis and lower oil prices.

The uae economy will be among the fastest to recover in 2021 and. The federal budget continues to focus on both social and economic development. For 2020 the uae federal budget was 61 35.

The budget aims to expand development plans and projects to raise living standards and provide a decent life for emiratis and residents.