Dubai Approves Historic Budget with Record Surplus
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Dubai has approved its largest budget to date for 2025-2027, forecasting a record Dh30 billion (21%) surplus with projected revenues of Dh302 billion and expenditures of Dh272 billion.
Sheikh Mohammed bin Rashid Al Maktoum, Dubai's Ruler, announced that the 2025 budget will prioritize social services and infrastructure, aiming to enhance quality of life and maintain financial sustainability.
The budget allocates 46% to infrastructure, including roads, bridges, energy projects, and the new Al Maktoum Airport.
An additional 30% is dedicated to social development sectors like health, education, housing, and support for vulnerable groups, aligning with Dubai’s Social Agenda 33 and Education Strategy 2033.
Security and justice services will receive 18% of the budget, underscoring their importance in maintaining stability.
The budget also emphasizes public-private partnerships with a Dh40 billion initiative and includes a Dh5 billion general reserve to support future development projects.
Overall, the three-year financial plan aims to promote sustainable economic growth and community well-being, reinforcing Dubai's position as a hub for innovation and opportunity.
Source: https://www.khaleejtimes.com/business/dubai-approves-largest-budget-in-emirates-history