Dubai has approved its largest budget in history, with 302.7 billion dirhams in expenditures planned for 2026-2028, focusing heavily on infrastructure development and social services. The budget, approved by Sheikh Mohammed bin Rashid Al Maktoum, anticipates 329.2 billion dirhams in revenue, projecting a 5% surplus over the three-year period.
Key allocations include:
48% for infrastructure (roads, transportation, parks, renewable energy)
28% for social development (health, education, housing, elderly and disability care)
18% for security, justice and protection
6% for government institutional development
The 2026 standalone budget forecasts 107.7 billion dirhams in revenue against 99.5 billion in expenditures, with a substantial 22% surplus projected. This financial strategy supports Dubai's ambitious goal to double its GDP and rank among the world's top three urban economies by 2033, emphasizing sustainable growth through strategic infrastructure investment and social welfare programs.
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