Explained: Projected government expenditures for 2021 in Dubai.
The Dubai government has allocated 35 per cent of its Dh57.1 billion 2021 budget for salaries and wage allowances.
This decision has been taken in accordance with the requirements of the new human resources law to ensure family and community stability.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, approved the budget on Sunday.
>> 26 per cent for grant and support expenditure to meet the requirements of human and community development; and provide public services to the residents of the emirate.
>> 31 per cent for social development sector in areas of health, education, housing, women and children’s care, as well as developing reading and coding initiatives.
>> The government’s concern for security, justice and safety sees 22 per cent of the total expenditure allocated to support and enable this sector to perform professionally and proactively. This sector has become one that the emirate prides itself on in the global arena.
>> The emirate has allocated 41 per cent of the total spending to develop its infrastructure and transportation sectors, reflecting its commitment to dealing with future commitments, supporting entrepreneurship and creating an incubator environment for enterprises.
>> 6 per cent of the total government expenditure has been set aside to support the sector of government excellence, creativity, innovation and scientific research.
>> The Dubai government has allocated one per cent of the total expenditure to the private reserve, in accordance with the principal of preparing for the impact of the crisis.
>> It also allocated six per cent of the total expenditure to serve the public debt, in order to follow a disciplined fiscal policy that ensures the budget fulfills all obligations.
– Dubai Media Office (@DXBMediaOffice) December 27, 2020
Outsourcing to private sector
The government seeks to expand the outsourcing of services to the private sector to enhance its engagement in economic development, which will contribute to improving the wellbeing and happiness of citizens and residents.
The fiscal year 2021 budget announcement sends a clear message to the business community that Dubai is pursuing an expansionary fiscal policy, which contributes to strengthening confidence in the emirate’s economy and attracting more direct investments.
The budget serves the requirements of population growth and the benefits resulting from hosting Expo 2020 and the continuous development of the infrastructure. It also supports the goals of the Dubai Plan 2021.