Sharjah Ruler approves $9.3bn general budget for 2022 – Construction Week Online

Sharjah Ruler approves $9.3bn general budget for 2022 – Construction Week Online

HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved a $9.3bn (AED34.4bn) for the 2022 general budget for Sharjah. This is in line with the emirate’s strategic vision regarding promoting economic and social development, enhancing financial sustainability, and stimulating the overall economy.

The general budget contributes to both services and development and is based on the process of strengthening the emirate’s financial pillars to advance economic, cultural, scientific and tourism leadership and enhance capabilities to meet various economic challenges, a report by UAE’s state-run news agency Wam stated.

The budget has adopted various strategic goals and indicators, including promoting investment in infrastructure and other economic activities to achieve a competitive advantage, and providing various forms of social support to address the needs of citizens.