The UAE Cabinet has officially approved the federal budget for 2025, which totals an impressive Dh71.5 billion. This budget is notable for being the largest in the history of the nation. The approval meeting was chaired by Sheikh Mohammed bin Rashid Al Maktoum, highlighting the UAE’s strong economy and the sustainability of its financial resources.
To provide some context, the budget for 2024 was set at Dh64.06 billion, indicating a growth of 1.6% from the previous year. This shows a continued commitment to financial stability and development within the country. Furthermore, the UAE has established a total federal budget of Dh252.3 billion covering the period from 2023 to 2026. This long-term planning reflects the government’s focus on investing in various sectors to promote economic growth and ensure a prosperous future for the nation.
The increased budget will likely support key initiatives aimed at enhancing public services, infrastructure, and overall quality of life for residents. With this ambitious budget in place, the UAE is positioning itself for sustained economic progress in the coming years.
