UAE To Accelerate the Economic Revival by Approving 15 Major Initiatives

UAE To Accelerate the Economic Revival by Approving 15 Major Initiatives

The first phase of the strategic plan, being implemented with the support of 12 ministries and federal and local entities, aims to provide immediate support for business sectors and the economy through 15 major initiatives, the Ministry of Economy said.

The second phase will see the launch of complementary support to enable rapid economic recovery while the third phase will provide integrated support to vital sectors and will open up a sustainable and flexible development path for the economy and future.

The committee, in a virtual meeting chaired by Al Mari, approved six main work streams to implement the 33 initiatives unveiled by the UAE Cabinet on August 3.

The committee reviewed the initiatives that are currently in the implementation stage, their progress and the mechanisms that have been approved. The formation of