During the UAE government media briefing.. UAE’s economic stimulus packages total Dh395 billion since the beginning of the pandemic

Humaid Al Muhairi, the spokesman for the Ministry of Economy, addresses the latest economic developments in the UAE government media briefing:

• AED 395 billion is the value of the total economic stimulus and initiatives provided by the federal and local government since the beginning of the pandemic until today.

• The risk continues with the emergence of new Coronavirus mutations, which poses a high risk and affects various aspects, including the economy. It is expected that the current year 2021 will be the beginning of a long-awaited recovery and adaptation period at the global level.