VOL. XXX

NO. 14

12-JANUARY-1987

Financial and Banking News

BUDGETS AND REVENUES

UAE Budget Delared

The UAE President, Shaikh Zayid ibn Sultan Al-Nuhayyan, on 7 January issued afederal decree approving provisional monthly allocations for the various UAEfederal ministries in 1987 equal to one twelfth of total allocations for eachchapter of the 1986 federal budget, which was approved last October (MEES, 27October 1986) and totaled Dhl4.023bn ($3.81bn). As in previous years, the budgetfor fiscal 1987,...