VOL. XLI
No. 02
12-January-1998
UAE
UAE Government Expenditure In 1998 Provisionally Limited To1997 Levels
Federal government expenditure in the UAE in the current fiscalyear, which started on 1 January 1998, will be limited on a monthly basis to one twelfthof last year's allocations until the 1998 budget is issued, according to a draft federaldecree approved by the UAE cabinet. In the 1997 budget, total expenditure was set atDh19,863mn ($5,408mn) and total revenue at Dh18,876mn ($5,139mn),...
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