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Asharq Al-Awsat

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Asharq Al-Awsat

UAE Approves $68.6 Bln Federal Budget for 2023-2026

Mohammed bin Rashid Al Maktoum UAE Federal Budget WAM Dubai Vice President United Arab Emirates

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, chairs the cabinet meeting on Monday. (WAM)

The cabinet of the United Arab Emirates, chaired by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, approved on Monday the federal budget 2023-2026, with a total estimated expenditure of AED 252.3 billion and estimated revenues of AED 255.7 billion.

A budget for the year 2023 has been allocated, with total estimated expenses of AED 63.066 billion, and total estimated revenues presented for approval amounted to AED63.613 billion, reported the state news agency WAM.

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