With the people in mind, Sheikh Mohammed approved the budget for the future of Dubai
His Excellency Sheikh Mohammed Bin Rashid Al Mashid Al Maktoum, Vice President and Prime Minister of the UAE, admitted that the Government’s Finance of AED302.2 (US $ 89.64 billion) – the largest in the history of the Emirate.
Sheikh Mohammed also approved the general budget for the fiscal year 2026.
The budget for the three-year cycle aligns with Dubai’s ambitions to promote sustainable economic growth, improve social well-being, and strengthen its reputation as a land of opportunity and innovation.
The estimated cost of Dubai for the financial year 2026 is 209.5 billion
During the implementation of the 2026-2028 cycle, the Ministry of Finance of Dubai (Dubai) expects to achieve an effective balance of five percent reaching 5 percent of GDP assumed by 2026.
The budget shows Dubai’s commitment to supporting development projects, which are fueled by macroeconomic growth, and realize the goals of the Dubai Plan 2033 and the economic agenda of Dubai D33.
It prioritizes social services and the development of health, education, culture and infrastructure strategies, allocating money according to strategic priorities.
People-Centric Development is at the Heart of the Budget, with 28 percent of the total spending allocated to the social development sector including health, education, family research, housing, sports, sports, and people who are willing.
Infrastructure investment, and keeping its citizens in mind, will make up 48 percent of total spending and includes roads, bridges, tunnels, parks, parks, waste management facilities.
The government also allocates 18 percent of the costs used for security, justice, security sector assurance, continuing in one of the world’s most respected forces for advanced readiness and efficiency.
Six percent of the total spending is allocated to government development initiatives that support the development of performance and promote the culture of beauty, art, and creativity.
His Highness Sheikh Hamdan Bin Mohammed Bin Rashid Al Mashid Al Mashid al Maktoum, Deputy Prime Minister of Dubai, the prime minister of the 2026-2028 budget gives prominence to its important resources and strengthens its position as an economic center in the world.
“This budget reflects the vision of His Highness Sheikh Mohammed Bin Rashid al Mashid Al Mashid al Maktoum to advance the Emirate’s lofty goals, while maintaining a balanced approach between the world’s advanced growth, while making appropriate decisions, supported by policies that understand.
“The budget reinforces our commitment to the future focused sectors and we are in a new phase of growth in yesterday’s economy and it supports the attractive economic opportunities and supports the Emirate. its long-term ambitions and build a prosperous future.”
His Highness Sheikh Maktoum Bin Mohammed Bin Rashid Al Mashid Al Mashid Al Maktoum, said the Deputy Prime Minister of Dubai, the minister of finance of the Uae, has been added by the Dubaiin Al Maktoum’s financial trip. Ambition and a vision focused on the future, and that the well-being and quality of life of Dubai’s residents remain at the forefront of all government initiatives.
“This budget is also a reminder that the future is shaped today in Dubai, and that the city is built to inspire, lead, and always set new benchmarks in Urban Development.
“This largest financial cycle in the history of the Emirate shows the strength of the Financial Government of the Government of Dubai and its planning skills. Dubai has taken a financial decision at the level of the economy that supports a strong financial position and strengthens the investor and the confidence of the market in its ability to continue to carry out long-term development projects without compromising financial stability.
“Under the leadership of His Highness Sheikh Mohammed Bin Rashid Al Mashid Al Mashid Al Maktoum and following his efforts to ensure that Dubamd Bin Rashid Al Maktoum, Hommon’s Persick will remain a small town, and the best city to visit in the world.”
