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UAE central bank approves budget for 2012

Thursday - Nov 24, 2011, 12:59pm (GMT+5.5)

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Abu Dhabi -The board of directors of the Central Bank of the UAE has approved the budget for 2012 after reviewing it during a meet.

The board held its 12th meeting for the year 2011 Tuesday.

The board adopted the budget as -- total expected revenues of 4,322 million dirhams, total expected expenses of 822 million dirhams, with a net profit of 3,500 million dirhams, compared to 3,470 million dirhams expected in 2011.

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