UAE cabinet gives green light to largest-ever budget: The cabinet approved an AED 71.5 bn budget for the country in 2025, making it the largest in the UAE’s history, state news agency Wam reports. The final spending plan sets out a 12% y-o-y increase in expenditure compared to 2024’s budget of AED 64.06 bn.
Revenues expected to grow: The government expects revenues to total AED 71.5 bn in 2025, up 9% y-o-y, and signaling a balanced budget, with revenues equating to expenditures.
Public and higher education will dominate social development and pension spending, comprising 15.3% of the budget, while healthcare and community prevention services and pensions will account for 8% each. Some 5.2% will go towards social affairs, and 2.5% for public services.
Here’s how the rest of the numbers break down:
- Infrastructure and economic affairs: 3.6%
- Financial investments: 4%
- Other federal expenditures: 17.7%
ICYMI- The government approved a federal budget of AED 192 bn for 2024-2026 in October 2023.