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UAE Announces Dh290 Billion-Plus Budget Plan for 2027–2029.

The United Arab Emirates has unveiled a major financial plan for the 2027–2029 period, approving a budget exceeding Dh290 billion. The allocation reflects the country’s continued focus on economic growth, public services, infrastructure development, and long-term national priorities over the next three years.


 

UAE Approves Dh292.5 Billion Federal Budget for 2027–2029, Focuses on Citizens’ Wellbeing

 

The United Arab Emirates has approved a federal budget worth Dh292.5 billion for the three-year period from 2027 to 2029, marking an increase of 8.3 per cent compared with the previous budget cycle. The announcement was made on Monday by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

Sheikh Mohammed said the government would continue to concentrate on key sectors that directly influence the lives of citizens. These priorities include education, healthcare, housing, social welfare, improving living standards and maintaining stability across society.

For 2027, the federal government has approved a budget of Dh90.1 billion, with spending distributed across several major sectors to support public services, government operations and the country’s development objectives.

Breakdown of the UAE’s 2027 Federal Budget

According to the announced allocation, the largest share of the 2027 budget will go towards social development and pensions, followed by government affairs and other essential expenditure categories.

    • Social development and pensions: Dh34.6 billion, accounting for 38.4 per cent of the total budget.

    • Government affairs: Dh29.1 billion, representing 32.3 per cent of the overall allocation.

    • Federal expenses: Dh17.8 billion, equivalent to 19.7 per cent of the budget.

    • Financial assets and investments: Dh5.6 billion, making up 6.2 per cent of total spending.

    • Infrastructure and economic resources: Dh3 billion, accounting for 3.4 per cent of the approved budget.

The allocations reflect the government’s emphasis on social welfare, the efficient functioning of federal institutions and continued investment in the country’s economic and infrastructure development.

Continued Focus on Public Services and Quality of Life

The latest budget announcement reinforces the UAE government’s commitment to maintaining strong public services and supporting the welfare of its citizens. Education, healthcare, housing and social support remain central to the country’s long-term development strategy.

The increased three-year budget also highlights the government’s continued focus on national priorities while seeking to strengthen economic growth and improve the overall quality of life for residents and citizens.

Dubai Previously Announced Record Budget Cycle

Separately, Sheikh Mohammed had earlier announced Dubai’s largest budget cycle in the emirate’s history, covering the period from 2026 to 2028.

The Dubai budget plan projected total expenditure of Dh302.7 billion, while expected revenues were set at Dh329.2 billion. The plan also anticipated an operating surplus equivalent to 5 per cent.

Together, the federal and emirate-level budget announcements highlight the UAE’s ongoing efforts to support public services, strengthen financial planning and sustain development across key sectors.

Insider18

Insider18

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