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A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit). Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money.
2 April – Joseph Schooling, who won Singapore's first ever Olympic gold medal, retires from swimming at 28. [25]15 April – Lee Hsien Loong announces his resignation as the Prime Minister of Singapore effective on 15 May 2024, paving the way for the assumption of Deputy Prime Minister and Finance Minister Lawrence Wong as the next Prime Minister of Singapore.
The Ministry of Investment (Arabic: وزارة الاستثمار) is a federal government ministry in the United Arab Emirates (UAE), [1] established in 2023. The ministry is responsible for promoting and facilitating investments in the UAE, attracting foreign direct investment (FDI), and supporting the nation’s economic diversification goals.
The United Arab Emirates is a high-income developing market economy.The UAE's economy is the 4th largest in the Middle East (after Turkey, Saudi Arabia and Israel), with a gross domestic product (GDP) of US$415 billion (AED 1.83 trillion) in 2021-2023.
6 December – CP: A proposed expansion of VTL was supposed to include Qatar, Saudi Arabia and the United Arab Emirates. The VTLs have since been deferred due to risks from the Omicron variant. [128] [129] 10 December – CP: Singaporeans aged 5 to 11 are now allowed to receive the Pfizer-BioNTech COVID-19 vaccine, the first approved for children.
21 July – Fifty-seven Bangladeshi expatriates are sentenced to varying prison terms for holding protests in support of the 2024 Bangladesh quota reform movement. [15] They are later pardoned by UAE president Mohamed bin Zayed Al Nahyan on 3 September. [16] 29 July – The United Arab Emirates grants lottery licenses for the first time in its ...
The World Governments Summit is an annual event since 2013, held in Dubai, United Arab Emirates. [1] It brings together leaders in government for a global dialogue with a focus on issues of futurism, technology and innovation.
In response to the economic crisis that occurred as a result of the COVID-19 pandemic in Singapore, President Halimah Yacob granted approval for the government of the day to draw S$21 billion in April 2020—for the Resilience and Solidarity Budgets, [2] S$31 billion (in May 2020; for the Fortitude Budget), [3] S$11 billion (in March 2021; for ...