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His Highness Sheikh Khalifa bin Zayed Al Nahyan

UAE federal budget increased by $536m

ABU DHABI, September 16, 2018

The UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a federal decree-law approving additional funding to general federal budget of about Dh1.969 billion ($536 million).
 
The decree-law stipulates that the estimated general budget expenses for fiscal year 2018 shall be increased by Dh1,969,269,000, to be financed from the general reserve of the state, said a Wam news agency report.
 
The decree-law also stipulated the increase of estimated expenditures and revenues of the budget of the office of the Minister of Tolerance for the fiscal year 2018 with Dh21 million; the UAE Space Agency with Dh3.5 million; the National Media Council with Dh3.917 million and the General Authority for Sports with Dh6.822 million and the Emirates Diplomatic Academy with Dh9.97 million, it said.
 



Tags: UAE | Budget | federal |

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