The UAE Cabinet, with directives from HH Sheikh Mohammed bin Rashid Al Maktoum, has announced an additional AED 16 billion stimulus to the nation’s economy. This extra financial support will assist in bringing liquidity to our monetary system, as well as ensuring continuity in business and infrastructure.
The decisive actions taken by our leadership will help bolster our economy by providing necessary and timely relief to residents and corporations alike; and will also serve to provide a sense of security to us all amidst the trying times brought about by the Coronavirus. It is in times like these when people rely on the strength in the resolution and pragmatism shown by their leadership. I would like to express my sincere thanks to the UAE Government and leadership for their proactive and unfaltering spirit in working around the clock to design suitable solutions to win the fight against this pandemic.