how the covid 19 affect the GDP in the UAE, specially at the government purchases?
Homework Answers
As far as society effects are concerned, the UAE is socially organized,well funded,technologically advanced and cooperative society This greatly incresased that radical measures being employed to counteract Covi 19 will succeed at least slowing its speed.
Covid 19 has affected the spending of government, as it has to shift key priorities to meet the front and emergencies.
The UAE has increased expenditure allocated to Ministry of health and prevention which was initially 7% for the budget of 2020.
UAE took several measures to combat the pandemic, such as providing unremitting support to qualified medical team,providing health insurance to cover covid 19 testing and treatment.
Also the country established fully equipped and highly advanced health facilities in Dubai with a capacity of 5000 beds.
The gdp of the country effected by decreasing in the production of oil,The tourism sector is also effected,tourism is one of major source of income to the country.UAE is the center for the gold trade, but due to covid no business is taken place.
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how
the covid 19 affect the GDP in the UAE, specially at the government
purchases?
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