Dr. Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, approved a $11.43 billion (AED 42 billion) general budget, the largest in the emirate’s history.
The budget, a 2 per cent increase over that of last year, aims to foster financial sustainability, uphold a decent standard of living, and promote social welfare for all residents.
Additionally, it seeks to strengthen social security, enhance safety measures, and ensure the sustainability of vital resources such as energy, water, and food.
It also aims to strengthen government agencies’ capacity to fund their strategic initiatives and projects, ensure appropriate housing for diverse groups of citizens across Sharjah, and enhance the tourism infrastructure.
Sharjah’s 2025 general budget is grounded on several strategic and financial pillars, aimed at accelerating the emirate’s efforts to cultivate a pioneering environment in the social, cultural, health, tourism, and infrastructure sectors to match those of advanced countries, and to bolster the government’s capabilities in addressing the global and regional challenges that impact economies worldwide, such as inflation, rising interest rates, economic downturns, and geopolitical tensions.
The budget aims to accomplish several key objectives, foremost among these being the enhancement of investment in infrastructure alongside economic, social, cultural, and tourism initiatives that boost the emirate’s competitiveness and ensure its financial sustainability.
The budget is also focused on providing social support in various forms to meet citizens’ diverse needs and guarantee a decent quality of life.
It also emphasises creating job opportunities in both public and private sectors.
In alignment with the government’s financial plan for 2023-2030, the budget is focused on managing and optimising spending in areas that may not add value to competitiveness or financial sustainability.
This approach is designed to enhance the efficiency of government spending management across the emirate and improve the capabilities of agencies to fund their programmes, activities, and strategic plans.
For the 2025 general budget, multiple development tools and innovative financing techniques have been adopted to explore the best possible funding opportunities both internally and externally.
Sheikh Mohammed bin Saud stated that the 2025 general budget has two main dimensions: economic and social development aimed at improving the quality of life for residents and strategic development focusing on enhancing the government’s financial sustainability.
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