Dubai: Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, has approved the Dubai Budget for the period 2023-25. The expenditure is expected to be 205 billion dirhams in the budget. In the 2023 budget, expenditure of 67.5 billion dirhams, revenue of 69 billion dirhams and a surplus of 1.5 billion dirhams are expected.
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Sheikh Hamdan clarified that the budget reflects Dubai’s economic sustainability and future goals. He added that it will stimulate the economy, serve the community and establish Dubai as a world leader. He added that the Government of Dubai aims to serve the citizens, support the industrial sector and provide the best quality services to the citizens and residents.
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