Today, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved a three-year budget for Dubai, spanning from 2025 to 2027. With a total expenditure of AED272 billion and a revenue of AED302 billion, this budget cycle marks the largest in the emirate’s history.
This aims to drive sustainable economic growth, enhance the well-being of the community, and solidify Dubai’s global reputation as a hub for innovation and opportunity. This not only promises development across sectors, including infrastructure, technology, healthcare, and education, but also contributes to the realization of the emirate’s ambitious goals.
In a statement, Sheikh Mohammed bin Rashid, penned that 46% of next year’s budget has been allocated to infrastructure projects including roads, bridges, energy, and water drainage networks, and construction of the new airport. More so, 30% of the budget is for health, education, social development, housing, and other community services.
He also added that next year’s budget will achieve an operating surplus of 21% of total revenues for the first time. The goal is to create financial sustainability for the Dubai government, the Ruler of Dubai mentioned on his X account.
His Excellency Abdulrahman Saleh Al Saleh, Director General of Dubai Finance (DF), stated: “Dubai Finance is committed to achieving the government’s financial sustainability, enhancing competitiveness and transparency, and boosting the emirate’s attractiveness for investment. Our financial plans are designed to be both flexible and scalable.”
اعتمدنا بحمدالله اليوم ميزانية حكومة دبي 2025-2027 بإيرادات تبلغ 302 مليار درهم .. ومصروفات 272 مليار درهم وهي الأضخم في تاريخ الإمارة ..
تم تخصيص 46% من ميزانية العام القادم لمشاريع البنية التحتية من طرق وجسور وطاقة وشبكات تصريف المياه بالإضافة لإنشاء المطار الجديد .. و30% من…
— HH Sheikh Mohammed (@HHShkMohd) October 29, 2024
