The underlying cash deficit in 2020-21 is expected to be $213.7 billion (11.0 per cent of GDP). Image courtesy Dubai Media Office Twitter handle. He also noted that focus would also be given to Malay reserve land located in strategic areas that have the potential to be developed. Did Donald Trump keep his first-term promises? The cabinet of the United Arab Emirates approved a smaller federal budget for 2021 in a sign that the country is curbing expenditure amid the coronavirus crisis and lower oil prices. "The UAE economy will be among the fastest to recover in 2021, and the government has dealt with the 2020 budget efficiently and has all the tools to continue its financial and operational efficiency in 2021," the Dubai media office said, quoting Dubai's ruler Sheikh Mohammed bin Rashid al-Maktoum, who is also the UAE's prime minister. The 2020-21 Budget includes $98 billion in response and recovery support, including $25 billion under the COVID-19 Response Package and $74 billion under the JobMaker Plan.

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Learn more about the Budget of the United States Government. ICAEW, Saudi universities emphasize importance of job market readiness, Tightening liquidity to deter recovery of GCC insurers’ receivables, UAE records $1.46bln trade balance surplus with Gulf countries, Gulf tourism sector offers 3mln jobs; $90bn in revenue: Al-Khateeb, Saudi ministry outlines conditions for employment transfers for foreign workers, External finance will remain elevated in MENA in 2021 despite narrowing deficits - IIF, UAE's Lulu boosts e-commerce strategy with first online fulfilment centre in Oman, Abu Dhabi's Mubadala leads $700mln funding for US start-up Reef Technology, Dubai's DXB Entertainments to open new thrill rides, over 1,000 hotel rooms, GCC logistics industry 'ripe for consolidation', says Aramex. He said this to reporters after holding a meeting with the Kelantan Umno leadership at the Kelantan State Umno Building here today.

DUBAI: The cabinet of the United Arab Emirates plans to spend 26.04 billion dirhams ($7.09 billion) in social projects as part of its 2021 budget, the UAE government tweeted on Monday. KOTA BHARU (Nov 7): The Federal Territories Ministry will look into details of the RM956.77 million allocation in Budget 2021 for the benefit of people in three territories, namely Kuala Lumpur, Putrajaya and Labuan.Its Minister Tan Sri Annuar Musa said focus would be given to several matters including community development and urban well-being involving an allocation of RM148.8 … Soo wondered how this allocation of RM4.5 billion for the construction and upgrading of water and electricity facilities, roads, bridges as well as health and educational facilities will be stretched to meet and realise the expectations for Sarawak development as stated. JobMaker.

2020. It estimated the UAE government deficit - including consolidated accounts of the federal government and the emirates of Abu Dhabi, Dubai, and Sharjah - at 9.9% of GDP this year, up from a 0.8% of GDP deficit in 2019. Purchase a print copy of the Budget through GPO’s retail and online bookstores. You can change your cookie settings through your browser. Bhd. Copyright © 2020 Zawya. “Year in year out, Sarawak is a major contributor to the national coffer with our taxes, oil and gas revenues, yet the Sarawak government fails the people in getting so little return, where we remain a poorly developed region with the highest level of poverty, “ she added. Annuar said the allocation which is the largest in the nation’s history demonstrated the government’s commitment in looking after the welfare of the people as well as restoring the country’s economy that has been badly impacted by Covid-19. The Edge Communications Sdn. Here are the winners and losers from Malaysia’s Budget 2021, Ismail Sabri: CMCO in all states in Peninsular Malaysia except Perlis, Pahang, Kelantan until Dec 6, Glove makers, BAT Malaysia, contractors key winners in Budget 2021, says CGS-CIMB, LKL, AT Systematization, Boustead, Techfast, Top Glove, Hartalega, Supermax and Kossan, Derailing of Jack Ma’s Ant IPO shows Chinese President Xi’s in charge, NEWS: Supporting brand growth amid tough times. Work on vital national projects will continue in 2021 and their development will remain a priority. UAE cabinet approves $15.8bn federal budget for 2021 ABU DHABI, 0 hours, 10 minutes ago . He said the Dayak community should be allocated with the specific allocation under the community development programme as what is being allocated to the Chinese and Indian communities under the federal Budget. Saudi Arabia, the region's largest economy, said in September it plans to cut spending by around 7% next year. Other related and supporting budget publications are included, which may vary from year to year. Personal income and business tax cuts unveiled in this week's Federal Budget have passed ... anticipates it will boost GDP by around $3.5 billion in 2020-2021 and $9 billion in 2021-22. This includes personalising content and advertising. In that year, an average pay raise of 1.9% was approved in February. Other related and supporting budget publications are included, which may vary from year to year. All Rights Reserved. Of course, the current federal budget expires on September 30, 2020 in any event. By continuing to use our site, you accept our use of cookies, revised Privacy Policy. The cabinet of the United Arab Emirates approved a smaller federal budget for 2021 in a sign that the country is curbing expenditure amid the coronavirus crisis and lower oil prices. Screen, analyze and compare projects in the Middle East and North Africa across Infrastructure, Real Estate, Industrial and Energy sectors with Refinitiv’s Eikon.

Access the most comprehensive database of companies and officers in the Middle East and North Africa, covering all major sectors and industries, from Refinitiv. Calculator $ Enter your taxable income and then submit for an estimate of your tax relief. She said billed as the biggest Budget ever in Malaysian history valued at RM322.5 billion with RM69 billion for development expenditure, Sarawak will get a mere 6.5 per cent or RM4.5 billion and Sabah RM5.1 billion. JobMaker Plan. The 2021 budget was set at 58 billion dirhams, state … Its Minister Tan Sri Annuar Musa said focus would be given to several matters including community development and urban well-being involving an allocation of RM148.8 million as well as improving facilities in identified areas such as the People’s Housing Project in Kuala Lumpur. Alibaba plans earlier 11.11 Shopping Festival this year, Homegrown cloud professionals at your service, The next step in Malaysia’s digital transformation, Addressing concerns about retirement planning, EVENING 5: Western Digital pledges RM2.3b investments, EVENING 5: PM promises a budget to revive economy, OVERHEARD WITH… InvestKL’s Muhammad Azmi Zulkifli, EVENING 5: BNM keeps OPR in final 2020 meeting. It is, however, an indication of official plans for the economy. “As long as help is there to keep us afloat and other sectors are also assisted, we are also happy,” Karim, who is also the state Youth and Sports Minister, said. Quickly uncover hidden opportunities with comprehensive data and content. It has a three-prong approach: The Budget focuses on incentives for employers to re-employ those who have lost their jobs due to the Pandemic, or retain those employees currently on JobKeeper when this Government Wage Subsidy finishes in March 2021; The budget includes $5.80bln in government affairs and $1.07bln in federal projects. KOTA BHARU (Nov 7): The Federal Territories Ministry will look into details of the RM956.77 million allocation in Budget 2021 for the benefit of people in three territories, namely Kuala Lumpur, Putrajaya and Labuan. © 2020 The Printers (Mysore) Private Ltd. IPL 2020 Chennai Super Kings vs Kings XI Punjab LIVE: CSK make a steady start, Militancy on last legs in north Kashmir: J&K police. The budget includes 21.3 billion dirhams in government affairs and 3.93 billion dirhams in federal projects, it said.

Soo asked where is the clout GPS wields to get a fair deal for Sarawak when it comes to national Budget time. The 2020/21 Federal Budget is unashamedly a job creation blueprint. “I believe the Dayak community deserved to be treated fairly like any other communities,” Bobby said in reference to the RM177 million to improve the educational facilities, housing and the development of new villages of the Chinese and RM100 million to the Malaysian Indian Transformation Unit (MiTRA) to the elevate the socio-economic status of the Indian community. Deccan Herald News now on Telegram - Click here to subscribe, In crammed camps, displaced Syrians fear Covid spread. Ways to search theedgemarkets.com content, by category: @category "corporate" "hot stock”, Combine search:  "high speed rail" @author "Bhattacharjee" @category "From the Edge".

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