The federal general budget for the years 2027–2029, totalling Dhs292.5 billion, has been approved by the UAE Cabinet, which is chaired by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vise President, Prime Minister of the UAE, and Ruler of Dubai. This represents a 28.3% increase over the previous three-year period. As part of the budget plan for the years 2027–2029, the federal budget for the 2027 fiscal year was authorised with an estimated total expenditure of Dhs90.1 billion.
“Today, we approved the Federal General Budget for 2027 to 2029 with total expenditures of Dhs292.5 billion, up 28.3% on the previous three years, and the 2027 budget with expenditures of Dhs90.1 billion,” stated Sheikh Mohammed Bin Rashid Al Maktoum. Education, health, housing, social services, and the stability and quality of life of our residents remain our top priority. We will continue to strengthen our progress, safeguard our accomplishments, and strive to create the greatest life possible under the direction of President His Highness Sheikh Mohamed Bin Zayed Al Nahyan.”
In addition to improving efficiency and guaranteeing the sustainability of funding for important government programs and projects, the declared federal budget is a component of continuous efforts to modernise the government financial planning system. The Cabinet allotted Dhs34.6 billion (38.4%) for Social Development and Pensions, Dhs29.1 billion (32.3%) for Government Affairs, Dhs17.8 billion (19.7%) for Federal Expenses, Dhs5.6 billion (6.2%) for Financial Assets and Financial Investments, and Dhs3 billion (3.4%) for Infrastructure and Economic Resources. Community safety and protection, the economy of the future, education focused on the future, employment and empowerment, health and quality of life, leadership, government affairs, and international relations, as well as industry, technology, energy, infrastructure, culture, media, and sports, are among the major areas covered by the new federal budget.
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