Dh15.4bn budget for Sharjah Govt

Dh15.4bn budget for Sharjah Govt

Dh15.4bn budget for Sharjah Govt

(Sharjah) – His Highness Dr. Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved the general budget of the Government of Sharjah, which translates his strategic vision for the emirate in various economic, social and infrastructure development fields.
Throughout the process of preparing the general budget for 2014, the wise directives of H.H. the Ruler of Sharjah crystallized into hard work on bringing happiness and prosperity to Sharjah citizens and residents and continuous development of the scientific and cultural characteristics.
Walid Al Sayegh, Director General of Sharjah’s Central Finance Department, noted that the general budget had increased in terms of expenditure by nearly 7 percent, amounting to AED15.4 billion compared to AED14.5 billion in 2013. The increase was particularly in wages and salaries, which have gone up by 16 percent compared to 2013. Operating expenses have also risen by 9 percent compared to last year.
With regard to the sectoral distribution of the general budget, 47 percent has been allocated to the economic sector. The social development and infrastructure sectors have been allocated about 11 percent and 26 percent respectively. As for the government services sector, it has been allocated nearly 16 percent.

Posted on Mar 12 2014. Filed under Business, Front, Headlines. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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