Dubai 2010 deficit may be smaller -Dubai budget chief (at Reuters)

Dubai 2010 deficit may be smaller -Dubai budget chief (at Reuters)

August 22, 2010, 6:04 pm

* Budget on track, no plans for new taxes * Deficit not to exceed the 2010 plan of 2 pct of GDP DUBAI, Aug 22 - Dubai s government budget deficit for 2010 could be smaller than a projected two percent of GDP, the head of the emirate s budget committee said late on Sunday.