UAE approves Dh292.5 billion federal budget for 2027–2029

The UAE Cabinet has approved a Dh292.5 billion federal budget for the 2027–2029 period. This represents a 28.3% increase in expenditure compared to the previous three-year cycle, according to Vice President and Prime Minister Sheikh Mohammed bin Rashid Al Maktoum.

For the specific 2027 federal budget, expenditure is set at Dh90.1 billion. The allocation prioritizes social development and pensions, which account for Dh34.6 billion, or 38.4% of the 2027 spending. Other major allocations include Dh29.1 billion (32.3%) for government affairs and Dh17.8 billion (19.7%) for federal expenditure. The remaining funds are distributed among financial assets and investments (6.2%) and infrastructure and economic resources (3.4%).

Sheikh Mohammed stated that the nation's priorities remain focused on education, healthcare, housing, social services, and maintaining the quality of life and stability for citizens.