The UAE has recorded $83.2 billion (AED 305.6 billion) in total revenue in the first half of 2022, the country’s finance ministry reported on Friday.
It is said to be the largest revenue recorded during a six-month period in the last four years.
Government expenditures in the same period was reported at $49 billion (AED 180.10 billion).
This means the UAE has a surplus of $34.1 billion (AED 125.5 billion) in H1 2022.
The significant increase in revenue of the UAE Federal and Emirates Governments is a testament of the wise fiscal policies placed by the leaders of the UAE; aimed at making the #UAE one of the leading financial business hubs in the world#governmentrevenue #EconomicDevelopment pic.twitter.com/fCHytlgB9p— وزارة المالية | الإمارات (@MOFUAE) October 28, 2022