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ABU DHABI / WAM
UAE Federal ministries have reported total revenues of AED39 billion during H1 2018, with implementation at 75.9 percent of the total actual budget of AED51.388 billion, according to the general budget implementation financial perfor- mance report released by the Ministry of Finance.
Expenditures amounted to AED33.2 billion, with the ministries recording 64.6 percent of implementation, achieving a budget surplus of AED5.8 billion during H1. Revenue growth hit 4.2 percent during H1 comparatively with the first half of 2017, while expenditures increased 8.2 percent during the same monitored period.