Abu Dhabi : The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved the federal budget for 2027–2029, totalling AED292.5 billion, an increase of 28.3% compared with the previous three-year period.
the Cabinet also approved estimated expenditure of AED90.1 billion for the 2027 fiscal year.
Sheikh Mohammed bin Rashid Al Maktoum said the budget maintains the government’s priorities of education, health, housing, social services, and the quality of life and stability of citizens. He added that, under the leadership of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the government would continue to consolidate its gains, safeguard its achievements and work towards improving quality of life.
The budget forms part of ongoing efforts to develop government financial planning, enhance efficiency and ensure sustainable funding for priority government programmes and projects.
The 2027 budget allocates AED34.6 billion (38.4%) to social development and pensions, AED29.1 billion (32.3%) to government affairs, AED17.8 billion (19.7%) to federal expenses, AED5.6 billion (6.2%) to financial assets and investments, and AED3 billion (3.4%) to infrastructure and economic resources.
