Sharjah Ruler approves 2015 General Budget

, ,
Sharjah Ruler approves 2015 General Budget

Sharjah Ruler approves 2015 General Budget

(Sharjah) – H.H. Dr. Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved the general budget for the emirate of Sharjah, with total expenses amounting to some Dh17.7 billion.
The budget, which is the largest in the history of the emirate, has adopted many strategic objectives and indicators that are expected to be achieved through fiscal year 2015, marking an increase of 12 percent for 2015 compared to the 2014 General Budget.
Sheikh Mohammed bin Saud Al Qasimi, Chairman of Sharjah Central Finance Department, said this year’s budget underpinned Sheikh Sultan’s directives to stimulate the emirate’s economy so as to post economic growth rates that consolidate Sharjah’s place at the regional and global economy landscape.
The budget, he added, was planned to enhance financial stability of the emirate in consistence with international financial standards regarding inflation and, sectorial spending and other macroeconomic indices as well as delivery of best health, social and cultural services to ensure welfare and happiness of the local community.
(Courtesy WAM)