Printer Friendly

UAE Cabinet approves Dh180-billion 'zero-deficit' federal budget.

Summary: Budget is biggest in the history of the Union; 59% of the budget will go to education and social development

Image Credit: Twitter Staff Report

Dubai: A zero-deficit federal budget of Dh180 billion for the next three years has been approved by the UAE Cabinet, it was announced on Sunday.

His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, announced the approval of the federal budget following a Cabinet meeting.

In a tweet, Shaikh Mohammad stated: "I have chaired today a Cabinet meeting, during which we approved the federal budget of Dh180 billion for the next three years."

He added: "59% of the budget will go to education and social development."

The zero-deficit budget will also be the biggest in the history of the Union, according to him.

U[logical not]UUuUU[logical not] U*aaaeaeaa U*U1/4U[logical not]aaU*U U* aaaaU1/4aaU U*aaaeUUU*Ui U*U U[logical not]aaU[macron]aaU* UaaU*aaac 180 aaaaaeU*U U[macron]Uacaa aaaeUU*aaaeU[umlaut] U*aaU*U[logical not]U[degrees]U*U[macron] UaaU*aa U*aaU1/2aaU*U1/2 UuU aeU*aa U*aaaeU*U[macron]aaU[umlaut] .. 59% aaaa aaaeUU*aaaeU[logical not]aaU* aaaaU[logical not]U aaaeaa aeU[logical not]aaaaaeU[umlaut] U*aaaaU1/4U[logical not]aaU .. aaaeU*UaaU[logical not]aaU* U aaU* U U1/4U .. aeaaaeUU*aaaeU[umlaut] U*aaU U*aa U*aaaeU*U[macron]aa UU[logical not]aaaeaa U*aaUuaaU U auae U[logical not]U*UaeU U*aaU*U[logical not]U[degrees]U*U[macron] .. pic.twitter.com/OyJXxb3r2W -- HH Sheikh Mohammed (@HHShkMohd) September 30, 2018

[c] Al Nisr Publishing LLC 2018. All rights reserved. Provided by SyndiGate Media Inc. ( Syndigate.info ).

COPYRIGHT 2018 SyndiGate Media Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2018 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Gulf News (United Arab Emirates)
Geographic Code:7UNIT
Date:Sep 30, 2018
Words:300
Previous Article:Cardiac care: a diet for your heart.
Next Article:Saudi public spending is expected to reach 1.106 trillion Riyals.
Topics:

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters