The UAE'S President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a new law aimed at balancing the 2022 general budget.
It allows the use of cash reserves and issuing public debt instruments to maintain balance in the budget.
According to the Ministry of Finance, the law also calls for controlling public expenditure to ensure the budget is balanced.
The UAE budget outlines AED 56.7 billion in revenue and AED 58.9 billion in expenses for the current year.


Dubai secures Canva regional headquarters in new tech partnership
DIFC delivers record 2025 results
Pakistan must create 30 million jobs over next decade, World Bank president says
Ghana seeks to deepen strategic investment, innovation ties with UAE
UAE partners with World Economic Forum to fast-track industrial transformation
