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UAE To Adopt Zero-Based Budgeting; To Move To 3-year Budgets

London, Thursday, March 05, 2009 ARANCA News Report (www.aranca.com) : In order to prioritise expenditure and retain flexibility to for large-scale infrastructure development, the Ministry of Finance of United Arab Emirates announced that it is revamping federal budget and aims to release them every three years. The first ever three-year budget would run from 2011 [...]

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