Sharjah Budget Will Stimulate Growth & Sustainability

Sharjah Budget Will Stimulate Growth & Sustainability
30/12/2020 , by , in INTERNATIONAL

Dr Sheikh Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved the general budget for the Emirate of Sharjah of Dhs33.6 billion for the fiscal year 2021.

 According to Sharjah Finance Department (SFD), the budget has increased 12 per cent compared to the final 2020 budget with the aim to achieve the strategic vision of the emirate in economic and social development, enhancing financial sustainability, and stimulating the macroeconomic environment.

Abdul Aziz Ahmed Al Shamsi, Director General of the Sharjah Real Estate Registration Department stated the budget for the new year 2021 constitutes an added value to all that have preceded it, both in terms of increase and growth.The budget for 2021 is considered the largest in the history of Sharjah, with total expenditures of more than Dhs33 billion, which means an increase of 12 per cent compared to the 2020 budget.

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