Sheikh Mohammed approves Dh57.1 billion Dubai budget ...United Arab Emirates

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Sheikh Mohammed approves Dh57.1 billion Dubai budget
Dubai: In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has approved the Government of Dubai's general budget for the fiscal year 2021, with total expenditures of Dh57.1 billion. The newly-announced budget takes into account the exceptional economic conditions of the fiscal year 2020 and the repercussions of the COVID-19 pandemic on the global economy. It also confirms Dubai’s ability to deal with the crisis, restore the pace of economic growth, strengthen social benefits and essential services and adopt policies that achieve growth, economic stability and financial sustainability in the medium and long ter

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