In Dubai’s largest public budget ever, the emirate saw a marked increase in spending, primarily on infrastructure, while achieving an operating surplus of Dh2.5 billion.
In his capacity as the Ruler of Dubai, Vice President and Prime Minister of the UAE, His Highness Shaikh Mohammad Bin Rashid Al Maktoum approved the Government of Dubai’s 2018 General Budget Law No (21) for the year 2017 on Sunday, with a total of Dh56.6 billion earmarked for expenditure.
Featuring a 19.5 per cent year-on-year increase, the budget for the fiscal year 2018 comes in line with the Dubai Strategic Plan 2021’s targets.