The UAE Ministry of Finance has launched the federal general budget cycle for the 2027-2029 period, marking a new phase in strengthening the country’s financial system.
It focuses on key sectors like education, healthcare and social welfare, with the aim of improving service quality and supporting long-term national goals, including the UAE Centennial 2071.
The new budget is designed to boost fiscal sustainability and has a strong focus on empowering federal entities to deliver top-tier services.
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance, says the budget reflects a proactive and flexible approach to financial planning.
The Ministry highlighted the success of the past four budget cycles, which saw nearly AED 900 billion allocated in line with national priorities.
Public debt levels remain stable at just over AED 62 billion as of June 2025, while federal assets have grown to more than AED 464 billion by the end of 2024, reflecting the strength of the UAE’s financial position.
Ministry of Finance launches the federal general budget cycle for the 2027–2029 period, marking a new step in the continuous development of the government’s financial system. The move aims to enhance fiscal sustainability and aligns with the wise leadership’s vision for a more… pic.twitter.com/DmuhxeWMSg
— Dubai Media Office (@DXBMediaOffice) July 16, 2025
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