Dubai plans 20pc jump in budget expenditure

Dubai's government plans to increase public expenditure by around 20 per cent in 2009 to stimulate the service-based economy, the Financial Times quoted a senior policy-maker as saying on Saturday.

Nasser Al-Shaikh, director-general of Dubai's finance department said it would increase from some Dh30 billion ($8.17 billion) that was budgeted for public spending in 2008.
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