Dubai PR Network, Online Press Release from Dubai and Middle East
 
Government Sector(Government, Legal & Humanity)
Filter PR by
  
Saud Al Mazrouei: 2020 budget highlights Sharjah's commitment to growth, development and progress
 
Saud Al Mazrouei: 2020 budget highlights Sharjah's commitment to growth, development and progress

Sharjah, 13 January 2020:    The Emirate of Sharjah is experiencing strong economic growth and moving strongly towards further development and progress, said HE Saud Salim Al Mazrouei, Director of Hamriyah Free Zone Authority (HFZA) and Sharjah Airport International Free Zone (SAIF ZONE).

 

Al Mazrouei made his remarks on the occasion of approving the Emirate’s largest ever general budget on Sunday by H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah.


The director affirmed that Sharjah is progressing towards greater economic improvements thanks to the wise vision of H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, adding that the 2020 budget, which comes in line with the government spending plans and infrastructure projects, will give an additional boost to local and foreign investments and projects. 


National Priorities


“This year’s budget has focused on key sectors. This reflects how much attention is given to national priorities by H.H Dr Sheikh Sultan. It took at its core the interests of Sharjah’s citizens and was developed to make them feel reassured about the future of Sharjah and its coming generation. The budget will definitely support Sharjah’s leading position in the region and will enhance its competitive edge globally” he underlined.    


“It does mirror the Emirate’s capability to steadily enhance and build on its economic achievements made over the years. Sharjah now is an example for building a state-of-the-art economy based on solid foundations,” Al Mazrouei further said. 


Striking Balance


“The budget also highlights the Emirate’s firm determination to strike a balance between improving the economy and achieving the prosperity of its people as evidenced by allocating 36% of it to the economic development sector, which shows the extent of the government's commitment to securing the requirements of sustainable development. 


There is no doubt the budget will reinforce the Emirate’s leadership and competitiveness. It will help provide the best and finest services to investors and the business sector, and will add a further momentum to the national economy. It will also stimulate foreign direct investment to invest in various projects,” he added. 


Additionally, our wise government has allotted 24% of the budget to the social development sector, which demonstrates its great interests in ensuring the happiness and welfare of Sharjah’s people and its sustained support to scientific, cultural and heritage services, creativity, innovation and scientific research.
Al Mazrouei concluded by saying: “The budget does indeed reflect the comprehensive vision of Dr Sheikh Sultan, which was tailored to realize the highest levels of financial sustainability and efficiency in managing the available resources, and supporting the capabilities of government agencies,”.


Posted by : Dubai PR Network Editorial Team
Viewed 5588 times
PR Category : Government, Legal & Humanity
Posted on : Monday, January 13, 2020  10:04:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : 1,248 beneficiaries of the Department of Students' Affairs a...
Next Story : Stage set for 16th SteelFab 2020 at Expo Centre Sharjah
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Versus Versace Republique - VSP1V0519 [4510-Views]
Make Up for Ever is Breaking Through With a Lipstick Revolution With Rouge Artist [3747-Views]
Parmigiani Fleurier Launches New Tonda Reine De Mai [3194-Views]
Huawei is Set to Dramatically Alter the Entry Level Smartphone Segment with the Launch of ... [2993-Views]
How to Work the Hottest Fall Makeup Trends on a Budget [2968-Views]
Dubai Chamber Whitepaper Examines Growth Potential of UAE Space Economy [2890-Views]
Prevention is Better than Cure, Especially with Lice! [2804-Views]
That Hair Tho – THT Offers Complimentary Haircuts for Those Who Have Lost Jobs, Have Job I... [2644-Views]
Euronews Investigates How the UAE is Using Artificial Intelligence in Healthcare and Educa... [2644-Views]
Medcare Partners with InterSystems to Implement World-Class Healthcare Information System [2616-Views]
Free Me – The First Naturally Kind Mosquito Repellent Made in the UAE [2599-Views]
ADNOC Distribution Joins Key UAE Suppliers Qualified to Provide Nuclear Quality Products f... [2587-Views]
Dabur Herb'l Launches Natural Gel Toothpaste With the Freshness of Aloe Vera [2562-Views]
Unlocking the Potential of eSIM for Consumers [2501-Views]
Ulissi to Lead UAE Team Emirates at the Tour of Luxembourg [2415-Views]
A Springfield Dress a Day, Keeps Your Style A-Okay [2411-Views]
#TishTashThru - Welcome to the Future, in the Form of a Gloriously Retro Drive Thru Event ... [2386-Views]
Autumn/Winter 20' Beauty Picks from Missha Cosmetics [2308-Views]
Majid Al Futtaim Inaugurates its First Culinary Experience Destination in the UAE — Food C... [2267-Views]
Costa Coffee UAE Thanks its Customers with One Dirham Pastries [2152-Views]
WCU: Saudis Talk Up Oil; Strong Grain Momentum Continues [2132-Views]
Collector Alert! Hublot Celebrates Its 40th Anniversary [1976-Views]
Rado Golden Horse Automatic [1972-Views]
OPPO Set to Launch Its All-New Groundbreaking Reno4 Series in the Middle East this Month [1960-Views]
Boeing, Etihad Airways and World Energy Lift Sustainable Aviation Fuel to the Next Level o... [1947-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories