UAE Cabinet approves Dh292.5 billion federal budget for 2027-2029, with Dh90.1 billion for 2027

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UAE Cabinet approves Dh292.5 billion federal budget for 2027-2029, with Dh90.1 billion for 2027

13 October 2026

The UAE Cabinet has approved a federal budget of Dh292.5 billion for 2027-2029, announced by Vice President and Ruler of Dubai Sheikh Mohammed bin Rashid on 12 October.
The 2027 annual budget is set at Dh90.1 billion.
Social development and social benefits take the largest share of the 2027 budget: Dh34.6 billion, or 38.4 per cent.
Government affairs receive Dh29.1 billion (32.3 per cent) and federal expenses Dh17.8 billion (19.7 per cent).
Sheikh Mohammed said the government's priorities remain education, health, housing, social services, quality of life and stability of the citizen.
The Federal Competitiveness and Statistics Centre said the economy grew 0.4 per cent to Dh961.9 billion in the first half of 2026.

Federal budget 2027-2029: Dh292.5 billion 2027 annual budget: Dh90.1 billion Largest head (2027): Social development: Dh34.6 billion (38.4 per cent)

Why it matters for exams: Federal budget size, its largest heads and who announced it are standard Gulf-economy questions, and the budget affects the Gulf jobs and remittances Kerala depends on.

Kerala PSCUPSCBank

13 October 2026 Source: The National

In plain words

Federal budget UAE federal government budget — It funds federal ministries and services, while each emirate keeps its own local budget.

FCSC Federal Competitiveness and Statistics Centre — The federal body that publishes UAE economic and statistical data.