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UAE to increase 2010 budget by 3.4pc

The UAE will boost federal spending in 2010 by 3.4 percent to AED43.6 billion…

October 26, 2009 5:30 by



The UAE will boost federal spending in 2010 by 3.4 percent to AED43.6 billion to help lift the nation’s economy following a difficult year, the Finance Ministry announced at a press conference in Abu Dhabi. The government did not specify its estimated price of oil for 2010.

In 2009, the government increased federal spending by 21 percent to AED42.2 billion.



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