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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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UAE approves federal budget of $ 14 billion in 2018

rocky
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UAE approves federal budget of $ 14 billion in 2018 Empty UAE approves federal budget of $ 14 billion in 2018

Post by rocky Wed 08 Nov 2017, 2:52 am

UAE approves federal budget of $ 14 billion in 2018

UAE approves federal budget of $ 14 billion in 2018 3519
Economy News _ Baghdad
The UAE government has approved an expansionary federal budget for 2018 with an expected spending of 51.4 billion dirhams ($ 14 billion), up 5.6 percent from the original 2017 budget plan 

, the government said. Almost stable spending in this year's budget. 

The federal budget usually accounts for only 14% of the country's total public spending.
In addition to the federal budget, each of the seven emirates that make up the federation has their own budgets, which often exceed the budget of the union, especially in the big emirates such as Abu Dhabi.
The federal budget is largely devoted to the functioning of federal government institutions.
The UAE has reserves of crude oil of 97.8 billion barrels, the vast majority in the Emirate of Abu Dhabi.
The UAE currently produces 2.7 million barrels of crude per day.



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