Dubai 2020 budget sets record spending to boost growth, support Expo 2020 | The Daily Star
12:00 AM, December 30, 2019 / LAST MODIFIED: 12:00 AM, December 30, 2019

Dubai 2020 budget sets record spending to boost growth, support Expo 2020

The Dubai government will spend a record 66.4 billion dirhams ($18.1 billion) in 2020 as part of its budget, hiking outlays to stimulate the economy and support the Expo 2020 world fair, state news agency WAM tweeted.

The figure is higher than the 56.8 billion dirhams budgeted in 2019, which was a marginal increase from 2018, according to its budget plan last year.

Dubai, which is hosting the Expo 2020 from October, had earlier projected its economy will grow 3.2 percent in 2020, faster than the 2.1 percent growth in 2019.

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