UAE cabinet approves Dhs58bn budget for 2021
UAE cabinet approves Dhs58bn budget for 2021
Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved a Dhs58bn budget for the UAE for 2021.
He approved the budget during a meeting of the cabinet on Sunday, November 1, and took to Twitter to confirm that development projects would continue to be a top priority.
ترأست اليوم اجتماعاً لمجلس الوزراء أقررنا خلاله الميزانية العامة للاتØاد ٢٠٢١ بمصروÙات تقديرية ٥٨ مليار درهم .. مشاريعنا الوطنية الØيوية ستبقى مستمرة ÙÙŠ ٢٠٢١ .. وأولويات التنمية ستبقى أولوية.. pic.twitter.com/7WfEqOWeal
“” HH Sheikh Mohammed (@HHShkMohd) November 1, 2020
The UAE's federal budget for 2020 stood at Dhs61.35bn, its highest ever.
Therefore, the budget for 2021 at Dhs58bn is 5.4 per cent lower than the 2020 figure.
In September this year, the government revealed a total budget surplus