Saudi Arabia News

Khalifa decrees federal budget increase for 2018


Additional Dh1.97 billion budget for fiscal year 2018 announced

Abu Dhabi: President His Highness Shaikh Khalifa Bin Zayed Al Nahyan issued Federal Law No. 6 of 2018 to allocate an additional Dh1.96 billion for the fiscal year 2018 budget, according to the official agency WAM.

According to the decree published in the new issue of the Official Gazette, Dh1.97 worth of additional funds will be transferred from the general reserve of the country.

The decree allocates Dh21 million for the office of the Minister of State for Tolerance, Dh3.5 million for the UAE Space Agency, Dh3.9 million for National Media Council, Dh6.8 for the General Authority of Youth and Sports and Dh9.9 million for Emirates Diplomatic Academy.



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