By Andrew Torchia DUBAI (Reuters) - Dubai expects to almost halt the growth of state spending this year as revenues expand more slowly because of the emirate's efforts to stimulate business investment, according to the 2019 state budget released on Tuesday. State spending will total 56.8 billion dirhams ($15.5 billion), the plan showed. That would be only a marginal increase from last year's original budget plan of 56.6 billion dirhams, which was a 19.5 percent rise from 2017
from Latest News Business on Firstpost http://bit.ly/2F4DRxJ
Wednesday, 2 January 2019
Dubai 2019 budget halts spending growth as revenue rise slows
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