UAE’s Dhs282b package will boost recovery & growth across sectors – Gulf Today

  • Date: 16-May-2020
  • Source: Gulf Today
  • Sector:Economy
  • Country:UAE
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UAE’s Dhs282b package will boost recovery & growth across sectors – Gulf Today

In the presence of senior government officials, diplomats, CEOs, business owners and investors from the UAE's public and private sectors, the sixth edition of the Sharjah Economic Ramadan Majlis explored how the UAE's economic stimulus packages have positively impacted major industry sectors, markets and businesses, and recommended response strategies to help businesses in the UAE recover from the coronavirus crisis.. Abdulla Al Saleh, said, "As part of the long-term stimulus plan to speed up recovery and encourage investments, the UAE government's economic stimulus package targeting the financial and private sector has totaled Dhs282 billion till date, and will be focused on sectors most directly affected by the pandemic including SMEs.". Marwan bin Jassim Al Sarkal further reiterated the vital role of the UAE government in providing timely reassurance to the business community through the introduction of a host of stimulus packages. ". The government of Sharjah has been targeting every single sector from aviation and free zones to ports, SMEs and more, as the COVID-19 impact has been felt across all sectors..