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Federal Ministries’ Budget Sees AED8.15 billion Surplus in H1 2016
The budget of the UAE federal ministries saw a surplus of AED8.15 billion in the first half of 2016. A recent report issued by the UAE Ministry of Finance revealed that the ministries had generated AED29.06 billion in revenues during H1 2016, while their expenditures totalled AED20.91 billion, leading to the recorded surplus.