UAE – Mubasher: The UAE Cabinet has approved the UAE Federal Budget for 2021 with an estimated expenditure of AED 58 billion to finance social, economic, and developmental projects across various sectors.
The budget was approved during the UAE Cabinet meeting held on Sunday under the chairmanship of Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister, and Ruler of Dubai.
In the meeting, Sheikh Mohammed bin Rashid confirmed that the UAE will be among the fastest to recover from the coronavirus (COVID-19) pandemic in 2021.
The federal budget aims to raise the living standards and ensure a decent life for citizens and residents in the UAE by funding a number of sectors, including developmental and social projects and programmes.
