“Our priorities remain fixed and unchanged: education, health, housing, social services, and the quality of life and stability of citizens.”
HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President of the UAE and Ruler of Dubai has announced the UAE federal budget for 2027 – 2029. During a cabinet meeting on Monday, October 12, the Dubai Ruler announced that the three-year federal budget would see a total spend of Dhs292.5 billion, a 28.3% increase on the previous three-year period.
Within that, Sheikh Mohammed confirmed that the 2027 budget would come with a total expenditure of Dhs90.1 billion. Announcing the news via X, the Dubai Ruler shared that, “Our priorities remain fixed and unchanged: education, health, housing, social services, and the quality of life and stability of citizens.”
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Per the post, the breakdown for 2027 will see:
- Dhs 34.6 billion allocated to social development and social benefits, marking 38.4% of the budget
- Dhs29.1 billion reserved for government affairs, marking 32.3% of the budget
- Dhs17.8 billion allocated to federal expenses, marking 19.7% of the budget
- Dhs5.6 billion to be spent on financial assets and investments, marking 6.2% of the budget
- Dh3 billion dedicated to infrastructure and economic resources, 3.4 per cent of the budget
Signing off the post, Sheikh Mohammed said, “And we will continue, under the leadership of my brother Sheikh Mohammed bin Zayed to strengthen the gains, preserve the achievements, and continue the work to build a better life.”
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