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UAE Cabinet approves a AED 292.5 billion federal budget plan for 2027 to 2029

The UAE Cabinet approved the Federal General Budget Plan for 2027 to 2029 at AED 292.5 billion. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the approval on Monday. The plan is 28.3 per cent larger than the previous three-year cycle. The federal budget for the fiscal year 2027 is AED 90.1 billion. Of that, social development and pensions take AED 34.6 billion, or 38.4 per cent, the largest single share. Government affairs take AED 29.1 billion (32.3 per cent), federal expenses AED 17.8 billion (19.7 per cent), financial assets and investments AED 5.6 billion (6.2 per cent) and infrastructure and economic resources AED 3 billion (3.4 per cent).

Budget plan for 2027 to 2029: AED 292.5 billion Increase over the previous cycle: 28.3 per cent Federal budget for 2027: AED 90.1 billion Social development and pensions: AED 34.6 billion (38.4 per cent)
Why it matters for exams: Gulf budget figures and the UAE's leadership titles are regular questions in Kerala PSC and bank exams.
Kerala PSCUPSCBank
12 October 2026 Source: Gulf News

In plain words

AED Arab Emirati Dirham — The official currency of the United Arab Emirates, divided into 100 fils.

Federal General Budget — The spending plan of the UAE federation, separate from the budgets of each emirate.

Fiscal year — In the UAE the financial year runs from 1 January to 31 December.

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