Media ININ Economy We Trust
Media in – Dubai 9 June 2018 / WAM /
The Dubai Competitiveness Report 2018 issued by the International Institute for Administrative Development (IISC) revealed that as a result of the disciplined fiscal policy, which was guided by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai and his vision for the future of economic growth Comprehensive, the government of the Emirate has been keen to determine the ceiling of the deficit can not be exceeded .. “.
Abdulrahman Saleh Al Saleh, Director General of DIFC, praised the robustness of the emirate’s economy and the huge size of its infrastructure assets, which facilitated its exit into the international market for the issuance of long-term bonds and sukuks over 15 years to 30 years. The Emirate and the confidence of the dealers in the bonds and instruments offered by the Emirate.
“The balance sheet for the current fiscal year 2018 was the largest budget in the history of the emirate and we were keen to meet the 2020 2020 deficit with a deficit of only 1.5 percent of GDP, which contributed to Dubai’s solutions,” said Arif Abdulrahman Ahli, The first in the government’s balance-of-GDP index. ”
“Dubai has adopted economic and financial policies that stimulate the economy,” Ahli said. “It has become a center of trade, finance, business and economy in the region through an infrastructure that surpasses those in the world’s most advanced countries. Is the largest regionally and among the largest in the world through international partnerships that contribute to the emirate’s sovereignty and leadership of this vital sector.
