Browse
related articles
UAE to increase spending in 2010
- United Arab Emirates: Tuesday, October 27 - 2009 at 11:35
The UAE plans to increase government spending by 3.4% next year under its 2010 draft budget. The country will spend dhs43.6 billion ($11.9bn), or 3.4% more than budgeted for this year, the finance ministry said. 'The UAE government has presented a zero-deficit budget, balanced between incomes and expenditure for the sixth consecutive year,' the ministry said. "The 2010 budget shows a growth despite the financial crisis and indicates the growth in ministries' revenues estimated at dhs20.8 billion in 2010 compared to dhs7 billion in 1999." Finance Ministry Unders-ecretary Younis al-Khouri said the emirate of Abu Dhabi would contribute the lion's share of revenues at dhs17.7 billion, while Dubai's contribution was set at dhs1.2 billion.
Also consider reading:
Today's top stories
Week's top stories
Digg
Facebook
LinkedIn
Twitter
Browse
related articles
- » Ford 2011 Mustang to have new engine
- » Dubai World: Official statement on debt obligations
- » Moody's: Dubai World restructuring unlikely to threaten sovereign credit of UAE and Abu Dhabi
- » Dubai World to restructure $26bn Nakheel, Limitless debt
- » More than $147bn committed to development of the Middle East's road, rail and public transport infrastructure
StaffTuesday, October 27 - 2009 at 11:35 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer:
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
It looks like you are using a Mac - check out our 
Web Feeds