The UAE Cabinet, chaired by Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, has approved the federal general budget for 2027 to 2029.
Total expenditures come to AED292.5 billion, a 28.3 percent increase on the previous three-year period.
The budget for the 2027 fiscal year carries estimated expenditures of AED90.1 billion. Social Development and Pensions receive the largest share at AED34.6 billion, or 38.4 percent. Government Affairs is allocated AED29.1 billion (32.3 percent) and Federal Expenses AED17.8 billion (19.7 percent). Financial Assets and Financial Investments receive AED5.6 billion (6.2 percent), while Infrastructure and Economic Resources get AED3 billion (3.4 percent).
Sheikh Mohammed said the government’s priorities have not changed and remain education, health, housing, social services, and the quality of life and stability of citizens. He added that under President Sheikh Mohamed bin Zayed Al Nahyan, the country will keep consolidating its gains and protecting its achievements.
The budget covers community protection and safety, the economy of the future, future-oriented education, employment and empowerment, and health and quality of life. It also spans leadership, government affairs and international relations, along with industry, technology, energy, infrastructure, culture, media and sports.
The government said the budget reflects its commitment to long-term sustainable financial planning and to directing spending towards national priorities. It also supports the continued delivery of strategic projects and programmes, balancing current development needs with investment in future opportunities.
News Source: Emirates News Agency
