UAE approves $80 billion federal budget for 2027–2029 – up 28.3%
The UAE Cabinet has approved a federal budget of AED 292.5 billion ($80 billion) for 2027–2029, marking a 28.3 per cent increase compared to the previous three-year period.
The budget was approved on Monday during a Cabinet meeting chaired by Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai.
As part of the three-year fiscal plan, the Cabinet also approved an estimated AED 90.1 billion ($24.5 billion) in federal expenditure for 2027, with social development, pensions and government affairs accounting for the largest shares.
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