Financial and Banking News
BUDGETS AND REVENUES
UAE Revenues, Spending Fall in 1988
Aggregate government revenues and expenditures in the UAE have both fallenduring 1988, according to preliminary figures published by two sources recently.The figures are presented on a consolidated basis and include the activitiesof the principal emirates in the federation. However, there are discrepanciesbetween the two sources, one of which is the Central Bank of the UAE and the...