UAE Allocates 51% Of 2013 Budget To Social Spending
The UAE budget on 30 October approved a balanced federal budget for 2013, with total revenue and expenditure projected at Dh44.6bn ($12.2bn), an increase of 7.7% and 6.7% respectively from the 2012 figures (see Table). Announcing the new budget UAE Prime Minister and Ruler of Dubai Shaikh Muhammad bin Rashid Al Maktum said that the 2013 budget is the last part of a three-year financial plan of Dh133bn ($36.2bn)...
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