Dubai’s 2013 budget will create 1,600 Emirati jobs

About 1,600 jobs for Emiratis will be created under Dubai’s budget for 2013, approved yesterday by Sheikh Mohammed bin Rashid, Vice President of the UAE and Ruler of Dubai.

The expansionary budget will raise spending to Dh34.1 billion (US$9.28bn), up by 6 per cent from 2012. Public revenue will also rise by 7.8 per cent to Dh32.6bn, according to a statement released yesterday by the Government of Dubai Media Office. As a result, the budget deficit would fall to below 0.5 per cent of GDP, it said.

The budget focuses on a “prudent fiscal policy that provides the stimuli necessary to economic growth in the emirate, raise the efficiency of government agencies to provide the best services, health and social care for the citizens and residents,” the statement said.

About the author

Kazim Ladimeji is the Director of thecareercafe.co.uk—a resource for start-ups, small business and job seekers. It includes a blog with career and small business advice articles. Kazim is a Chartered Member of the Chartered Institute of Personnel and Development, and has been a practising HR professional for 14 years.

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