UAE Cabinet approves AED292.5 billion Federal General Budget for 2027–2029
The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has approved the Federal General Budget Plan for 2027–2029, with a total outlay of AED292.5 billion.
The analysis — automated & source-checked
- Applies to
- Corporate · UAE
- What to do
- No action required — monitor for further change.
The UAE Cabinet has approved the Federal General Budget Plan for 2027–2029, totalling AED292.5 billion, and the Federal General Budget for fiscal year 2027 at AED90.1 billion.
The approvals follow provisions of Federal Decree-Law No. (26) of 2019 on Public Finance and related resolutions.
The 2027–2029 budget cycle aims to advance fiscal sustainability and resilience, achieve global leadership in government financial performance, and consolidate the UAE's international standing through effective partnerships.
The Social Development and Pensions Sector receives AED34.6 billion (38.4% of budget), including 18.8% for education, 6.7% for healthcare, 6.4% for pensions, 4.4% for social affairs, and 2.1% for public services. Government Affairs receives AED29.1 billion (32.3%), Federal Expenses AED17.8 billion (19.7%), Financial Investments AED5.6 billion (6.2%), and Infrastructure and Economic Sector AED3 billion (3.4%).
Deputy Prime Minister and Minister of Finance Sheikh Maktoum bin Mohammed noted the budget's emphasis on enhancing government efficiency, accelerating development initiatives, and delivering quality of life for citizens and residents, while harnessing artificial intelligence and financial data analytics.
Source
Source: WAM Economy — official 12 Oct 2026 Read the original ↗ More from WAM Economy →
Quick answers
Who issued this?
WAM Economy (UAE).
When was it announced?
12 Oct 2026.
Where can I read the original?
Read the original at WAM Economy: https://www.wam.ae/en/article/c2pf8zj-uae-cabinet-approves-aed2925-billion-federal
Subscribe — free
Get the next change before it's a deadline
The whole front, every morning. Free.