Tue 29-12-2020 16:46 PM
AJMAN, December 29, 2020 (WAM) – His Highness Sheikh Humaid bin Rashid Al Nuaimi, member of the Supreme Council and Sovereign of Ajman, approved the general budget of Ajman’s government for 2021, which is estimated at 2.066 billion dollars. AED and deficit free.
The budget aims to achieve the government’s strategic priorities, provide the best services and improve the financial viability of the emirate.
His Royal Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of Ajman’s Executive Council, stressed that the budget aims to ensure the happiness of the community, saying: “The 2021 budget focuses on several pillars , including economic affairs accounting for 40% percent and public services for 22 percent, in accordance with Vision Ajman 2021 which aims to strengthen the emirate’s competitiveness in sustainable development, establish a green economy, and consolidate partnerships with the private sector and promote its development role, to achieve the well-being and happiness of the community and increase individual productivity. ”
The general budget also includes expenses for housing and community amenities which represent 15 percent, public security for 13 percent, environmental protection for eight percent and entertainment, culture and religion for two. hundred.
Sheikh Ahmed bin Humaid Al Nuaimi, representative of His Highness the Ruler of Ajman for administrative and financial affairs and chairman of the Ministry of Finance, said Ajman’s general budget focuses on supporting the economy of the emirate to ensure economic growth despite the extraordinary conditions caused by the coronavirus pandemic in 2020, which will strengthen its regional and international economic stature.
He also pointed out that the budget will help ensure the financial stability of the emirate and improve its position in indices and results in line with global financial standards in terms of inflation, sector spending and other macroeconomic indices, as well. as well as draft policies to rationalize public spending.
WAM / Rola Alghoul / Hazem Hussein