The UAE is posting a balanced budget for the first six months of 2010, Khaleej Times reported on Wednesday (August 25th). The second half of 2010 is expected to yield similar results, said Younis al-Khouri, director general at the Ministry of Finance.
The 2010 budget is 3.4% larger than the 2009 budget.
Al-Khouri said "our revenues are mainly driven by contributions from the emirates, fees levied by the federal government and income from investments." Abu Dhabi is the top contributor, he noted.