|22 September, 2019

UAE total government expenditure rose 21.6% y-o-y during Q1 2019 -WAM

Total government expenditure in the United Arab Emirates rose to AED119bln ($32.40bl) in the first quarter of this year

United Arab Emirates Currency - Dirhams. Dubai, United Arab Emirates. Image used for illustrative purpose.

United Arab Emirates Currency - Dirhams. Dubai, United Arab Emirates. Image used for illustrative purpose.

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PARIS- Total government expenditure in the United Arab Emirates rose to 119 billion dirhams ($32.40 billion) in the first quarter of this year, state news agency WAM reported on Sunday.

First-quarter spending for this year rose 21.6% from the same period a year earlier, WAM reported citing the country's central bank.($1 = 3.6730 UAE dirham)

(Reporting by Hadeel Al Sayegh; Editing by Saeed Azhar)

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