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Mon 17 Dec 2018 05:09 PM

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Ajman gov't sets $1.13bn budget for 2019-21

Ajman budget's largest allocation is divided between infrastructure, community facilities and the environment, accounting for 37% of total

Ajman gov't sets $1.13bn budget for 2019-21
The Ajman budget amounts shows a growth of 17 percent.

Sheikh Humaid bin Rashid Al Nuaimi, Ruler of Ajman, has approved the general budget of the Ajman Government for 2019-2021.

The budget amounts to AED4.14 billion ($1.13 billion), a growth of 17 percent, with the budget for the 2019 fiscal year set at AED1.38 billion ($380 million) and without a deficit, state news agency WAM reported.

Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and chairman of the Ajman Executive Council, said that the Ajman Government’s budget reflects the directives to achieve the well-being and happiness of the emirate’s citizens and residents, as well as to provide the best services.

He said the budget aims to promote investment in the emirate’s infrastructure and community facilities, through providing social support and serving citizens and residents.

Sheikh Ahmed bin Humaid Al Nuaimi, Ajman Ruler’s Representative for Administrative and Financial Affairs and chairman of the Department of Finance, said that the budget’s largest allocation is divided between infrastructure, community facilities and the environment, which account for 37 percent of total expenditure.

Economic affairs account for 25 percent to improve the business environment while 21 percent is allocated to public services, and 17 percent to public order and safety.