UAE: Bigger budgets to boost growth
Country Views
- The UAE 2020 federal budget is the largest ever. As in previous years, it emphasises social development, education and health.
- Although individual emirates have their own budgets, the UAE federal budget allows federal entities to provide for security, social programmes and some utilities.
- Despite the completion of some major projects related to Expo 2020, we expect the 2020 Dubai budget to still dedicate at least one-fifth of its total spending for further growth through infrastructure programmes.
Florence Eid-Oakden, Ph.D, Chief Economist
Charlene Rahall, Senior Analyst
Leila Lajevardi, Analyst
The Country Views series shines the spotlight on specific developments in MENA countries, analysing them from a local perspective to deliver forward looking views for businesses and investors.
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