Dubai plans record spending to revive the flagging economy Burj Khalifa, the world's tallest tower, is seen in a general view of Dubai Dubai unveiled a 2020 budget on Sunday projecting record spending of $18.1 bn The Gulf city-state expects revenues too to rise sharply next year as it hosts Expo 2020, the global six-month trade fair set to open on 20 Oct Topics Dubai Economy Dubai: Dubai unveiled a 2020 budget on Sunday projecting record spending of $18.1 billion, up 17 percent on this year, as it seeks to revive its flagging economy. The Gulf city-state expects revenues too to rise sharply next year as it hosts Expo 2020, the global six-month trade fair set to open on 20 October. But it still foresees a deficit for the fourth year in a row of $700 million. The government is hoping that Expo will draw some 25 million visitors, many of them from abroad, and is projecting a 25 percent increase in revenues to $17.4 billion. Duba