H.H. Dr. Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued Law No. 10 2017 approving a general budget for the Emirate of Sharjah of AED 22.1 billion (US$ 6 billion) for the fiscal year 2018. According to Sharjah Finance Department (SFD), the budget has increased 6 percent compared to the final 2017 budget ...
Read More »Tag Archives: budget
Sharjah announces record budget for 2017
The Government of Sharjah has announced a AED 22 billion (US$ 5.9 billion) budget for the year 2017, increasing government spending by some 3 percent, according to the emirate’s Central Department of Finance. Meanwhile, according to the statement, government revenue is expected to rise 7 percent compared with 2016. In common with past years, the 2017 budget places high priority ...
Read More »Sharjah raises budget 2% for 2016
The Government of Sharjah has set its annual budget at AED 20.3 billion (US$ 5.5 billion) increasing government spending by 2 percent, according to an official announcement made this week. In common with 2015, 46 percent of the budget has been allocated to economic development to support the sustainable growth of Sharjah’s economy. Meanwhile, the government expects an 8 percent ...
Read More »Sharjah sets record budget for 2015
The government of Sharjah has set its 2015 annual budget at AED 17.7 billion (US$ 4.8 b), the highest annual budget that the emirate has ever allocated, 12 percent above Sharjah’s AED 15.4 billion (US$ 4.2 b) 2014 budget. The budget was endorsed by The Sharjah Consultative Council (SCC) on Saturday and approved by His Highness Dr. Shaikh Sultan Bin ...
Read More »