UAE government revenue at $31bn in Q1 2023
The World Bank projects that the UAE’s non-oil sector is expected to achieve strong growth by the end of 2023, driven by robust domestic demand
Source: gulfbusiness.com
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The World Bank projects that the UAE’s non-oil sector is expected to achieve strong growth by the end of 2023, driven by robust domestic demand
The preliminary results of the UAE Government Finance Statistics Report for the first quarter of 2023, published by the Ministry of Finance, revealed that the government’s revenues amounted to AED115.6 billion ($31.4 billion), and its expenditures totaled AED92.5 billion ($25.1 billion).
The value of net lending/net borrowing amounted to Dh23.2 billion during the period