Sheikh Mohammed approves Dubai’s Dh60 billion budget for 2022. Dubai confirms budgetary spending of Dh181 billion for three years.
Dubai , Dubai
03 January 2022, 12:00 AM
31 January 2022, 12:00 AM
The Ruler of Dubai has approved a budget of Dh181 billion for the fiscal years 2022-24.
In the budget approved by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, Dh60 billion is for the year 2022.
In a series of tweets, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, said: “Sheikh Mohammed bin Rashid has approved Dubai’s budget for 2022-2024 with total expenditures estimated at Dh 181 billion. These include Dh60 billion for 2022.”
“Dubai government will continue to promote the emirate's position as a global economic center, enhance its competitiveness and meet our future aspirations by leading global economic recovery efforts in the next stage,” Sheikh Hamdan tweeted.