Dubai adopts three-year budget cycle from 2020


The Dubai Ruler has approved AED 196 billion for a three-year budget cycle - from 2020 to 2022 - for the emirate of Dubai.

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, also approved the emirate's largest-ever annual budget, worth AED 66.4 billion, for 2020.

It's aimed at stimulating the macro economy and help make Expo 2020 Dubai a very special edition.

The 2020 budget will mark 46 per cent towards infrastructure and transportation sector and 30 per cent for the social development sector.

A total of 19 per cent will be set aside for security, justice and safety, and 5 per cent towards creativity, innovation and scientific research.  

More from Business

Coming Up on Dubai Eye

  • The Best of Dubai Eye 103.8

    1:00pm - 8:00pm

    Hear the highlights from the week gone by on Dubai Eye 103.8. Listen again to the best interviews, advice and the top stories that has gripped our conversation this week.

  • The Weekend Playlist

    8:00pm - 11:00pm

    Every Friday night Dubai Eye 103.8 plays you the greatest party classics and anthems all the way till Saturday morning!

On Dubai Eye

Business Breakfast