VOL. XL
No. 13
31-March-1997
UAE
UAE Government Expenditure In 1997 Provisionally Limited To 1996Levels
Federal government expenditure in the UAE in the current fiscalyear, which started on 1 January 1997, will be limited on a monthly basis to one twelfthof last year's allocations until the 1997 budget is issued, according to a federal decreeissued last week by the UAE President, Shaikh Zayid bin Sultan Al Nuhayyan. In the 1996budget, total expenditure was set at $4.97bn and total revenue at...
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