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Sultan Ensures Sharjah’s Financial Viability

  • December 24, 2024
  • 2 min read
Sultan Ensures Sharjah’s Financial Viability

His Majesty Sharjah’s ruler and Supreme Council member, Sheikh Dr. Sultan Bin Mohammed Al Qasimi, has approved the emirate’s general budget, which is the biggest in the emirate’s history and comes to an astounding sum of almost Dhs42 billion. This budget seeks to maintain a respectable living level, encourage social welfare for all citizens, and cultivate financial sustainability.

The chairman of the Sharjah Finance Department, Sheikh Mohammed Bin Saud Al Qasimi, emphasized that the general budget of the emirate includes several financial and strategic objectives that align with the bold directions of His Highness the Ruler of Sharjah.

This represents his all-encompassing and changing vision, as well as the Executive Council’s direction and the Central Finance Department’s strategic approach. Their goals are to efficiently manage state finances and reach the highest levels of financial sustainability.

Along with providing sufficient funding for government organizations to provide services that satisfy international standards, the proposed budget also aims to increase the emirate’s competitiveness in a number of economic, social, and infrastructure areas. The budget’s performance metrics are designed to gauge these requirements accurately. Additionally, much focus is placed on strengthening strategic alliances with the private sector and offering continual assistance to guarantee its continuous development and progress in the emirate.

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