Vice President and Prime Minister of the United Arab Emirates and ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, approved the budget of Dubai for fiscal years 2022, 2023 and 2024, with a total expenditure of 181 billion dirhams (49 billion dollars).
Include budget includes Expenses of about 60 billion dirhams for the year in course, while the estimated revenue was Dh.5.5 billion.
His Highness Sheikh Mohammed bin Rashid Al Maktoum approved the budget of Dubai for fiscal years 2022-2024 with a total expenditure of 181 billion dirhams, including expenses of approximately 60 billion dirhams for the year 2022 … priority will remain for citizens, their happiness and providing them with the best services. photo.twitter.com / VcZgUtqlR6
– Hamdan bin Mohammed (@HamdanMohammed) January 2, 2022
Dubai Crown Prince Sheikh Hamdan bin Mohammed said in a tweet on Twitter that “the Dubai government is continuing to consolidate the emirate’s position as a global economic center, improve its competitiveness and fulfill our aspirations future in guiding global economic recovery efforts into the next stage. “
He specified that the value of the expenses for the three-year period equal to 181 billion dirhams, includes expenses of approximately 60 billion dirhams for 2022, underlining that “the priority will remain for citizens and their happiness and to provide them with the best services” .
The budget of the Emirate of Dubai aims to reach balance in the year 2024, with expected income and expenditure of 61 billion dirhams.
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