The Abu Dhabi Executive Council, directed by His Highness Sheikh Mohamed bin Zayed Al Nahyan, has just announced a series of 16 dynamic initiative to support the UAE community as well as businesses in the country.
HH Sheikh Mohamed bin Zayed discussed several stimulus programs in their aim to support and protect the UAE’s economic stability.
I’ve discussed with officials in Abu Dhabi the current economic and business climate…The existing stimulus programmes in Abu Dhabi and those launched recently by the Central Bank & local governments are the solid pillars that will support & protect the UAE's economic stability.
— محمد بن زايد (@MohamedBinZayed) March 16, 2020
Among these is the suspension of toll fee charges for all vehicles in Abu Dhabi for the entire year.
Exempting all vehicles from traffic tariff from road tolls to the end of 2020.
— Abu Dhabi Government Media Office (@admediaoffice) March 16, 2020
Commercial vehicle owners are also exempted from paying their annual registration fees this year.
Exempting commercial vehicles from annual registration fees to the end of 2020.
— Abu Dhabi Government Media Office (@admediaoffice) March 16, 2020
In a series of tweets released through the Abu Dhabi Government Media Office, the economic initiatives are expected to pave the way to address current challanges in the country.
