Arab News, Monday, Jan 03, 2022 | Jumada Al-Uola 28, 1443
Dubai sets spending in 2022 fiscal budget at $16.3bn
Emirates:
The UAE's Dubai ruler,. Sheikh Mohammed bin Rashid
Al Maktoum approved the emirate's budget for 2022 with at a total expenditure of
60 billion dirhams ($16.3 billion), according to a tweet by Dubai Media Office.
Dubai’s budget for the fiscal years of
2022-2024 was approved for a total expenditure of 181 billion Emirati dirhams
($49 billion), Dubai’s deputy ruler said in a tweet on Sunday.
The expected revenues this year are 57.5 billion
dirhams, the tweeted added.