Abu Dhabi: Chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the UAE Cabinet has approved the federal general budget for 2027-2029, with total expenditures of AED292.5 billion, representing growth of 28.3% compared with the previous three-year budget cycle.
In a post on his official account on X, Sheikh Mohammed said: “Today we approved the Union’s general budget for the years 2027-2029 with total expenditures of AED292.5 billion, and with a growth of 28.3% compared to the previous three years.
“We also approved the budget for the year 2027 with expenditures of AED90.1 billion. Our priorities are constant and have not changed: education, health, housing, social services, and the quality of life and stability of the citizen.”
He added: “We will continue, under the leadership of my brother Sheikh Mohamed bin Zayed, may God protect him, to strengthen the gains, preserve the achievements, and continue working to build a better life.”