Join the Canadian Business Council Abu Dhabi in collaboration with Goodwins Law Corporation for a webinar information session on the targeted economic support scheme.
At a time where countries around the world look to their governments to provide guidance on the way forward, UAE has taken preemptive measures to stimulate the economy and combat the continuing impact of Covid-19. On 14 March 2020, the Central Bank of the UAE (“Central Bank”) announced the ‘Targeted Economic Support Scheme’ (“Scheme”), an AED 100 Billion Stimulus Package designed to inject much needed financial mileage in key sectors of the economy. The Central Bank also declared foreign reserves of up to AED 405 Billion, giving a reassured outlook of the stability of the Arab Emirate Dirham, amidst a time where currencies are in free fall.
PO Box 105075, Abu Dhabi, United Arab Emirates | Telephone No. +971 52 968 9870 | Email: firstname.lastname@example.org