Sharjah approves $9.37bn budget for 2022
Sharjah's ruler Sheikh Dr Sultan bin Muhammad Al Qasimi approved the emirate's Dh34.42 billion ($9.37bn) budget for 2022, prioritising spending on infrastructure and social and economic development, according to a tweet by the Sharjah Government Media Bureau.
The 2022 budget, 2.3 per cent bigger than the last year, is expected to provide approximately 1,000 new jobs for newly graduated UAE nationals, according to a government statement on Tuesday.
About 44 per cent of the budget expenditure will be allocated to the development and improvement of the emirate's infrastructure, 27 per cent to economic development with a focus on stimulus processes and 21 per cent for social development. About 11 per cent will be allocated towards welfare and social justice, an increase of 3 per cent compared to 2021, and reflecting the emirate's focus on social support.
The Sharjah government budget will "complete the emirate's march towards achieving the highest levels of excellence, success and sustainable development in all sectors and fields", Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah, said.
No comments:
Post a Comment