VOL. XXXI

NO. 19

15-FEBRUARY-1988

Financial and Banking News

BUDGETS AND REVENUES

1988 UAE Expenditure to Be Based on 1987 Budget

The UAE Government last week approved a decree to allocate monthly allowancesfor government employees on the basis of the 1987 federal budget. The decreestipulates that government allocations will cover the usual monthly salariesof employees, social security allowances for UAE citizens, contractual installmentpayments, rentals and UAE contributions to various Arab...