Dubai unveils $56bn budget for 2023-2025 fiscal cycle ...United Arab Emirates

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Dubai unveils $56bn budget for 2023-2025 fiscal cycle
source : ME CONSTRUCTION NEWS ( United Arab Emirates ) () 40
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has approved Dubai’s general budget for the fiscal cycle of 2023-2025, with total expenditures of US $56bn. The budget meets Dubai’s aspirations and confirms its determination to continue developing and stimulating entrepreneurship, attracting more foreign investment, promoting social welfare and consolidating the emirate’s position as a land of opportunity and innovation. The financial plan for the next three years (2023-2025) is said to show the government’s commitment to providing the highest economic stability and stimulating growth across the emirate’s business sectors. The plan also gives

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