Reuters Christopher Pike
The Emirate of Dubai announced today, Wednesday, a new stimulus package worth 315 million dirhams, equivalent to $ 86 million, to help the economy overcome the effects of the Coronavirus pandemic.
Dubai Crown Prince Sheikh Hamdan bin Mohammed Al Maktoum wrote on Twitter that this package, the fifth, brings the total value of the economic stimulus provided by the Dubai government to 7.1 billion dirhams since March of last year.
He added that the new package includes exemptions and extensions of previous initiatives and aims to “spread the benefit to everyone and enable various economic activities to skip the current stage.”
Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum … we have adopted the fifth economic stimulus package in Dubai at a value of 315 million dirhams, bringing the total value of the economic packages presented to 7.1 billion dirhams … We continue to implement all necessary to enhance the ability of all sectors to overcome the effects of the global crisis. . pic.twitter.com/ml9NoTfLTq
– Hamdan bin Mohammed (@HamdanMohammed) January 6, 2021
The new package includes exemptions and extensions of previous initiatives .. Our goal is to spread the benefit to everyone and enable various economic activities to skip the current stage to resume the comprehensive development process with a solid partnership between the public and private sectors … through which we work together to monitor future opportunities and make the most of them.
– Hamdan bin Mohammed (@HamdanMohammed) January 6, 2021
Source: “Reuters”
Source link