The UAE has approved a balanced budget for the next financial year with revenues and expenditure of AED71.5bn ($19.5bn).
The Federal National Council (FNC) approved during its second ordinary session of the 18th legislative chapter a draft federal law linking the Union General Budget and the budgets of independent federal entities for the fiscal year 2025.
The session, chaired by FNC Speaker Saqr Gobash, was attended by Abdul Rahman bin Mohammad Al Owais, Minister of Health and Prevention and Minister of State for FNC Affairs, and Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs.
UAE 2025 budget
Al Hussaini said the Union General Budget, approved by the Federal Cabinet, totals AED71.5bn ($19.5bn) in revenues and AED71.5bn ($19.5bn) in estimated expenditures, maintaining a balanced approach between income and spending.
This federal budget represents the largest in the UAE’s history, underscoring the UAE leadership’s vision for improving the quality of life and achieving sustainable development.
It also reflects the robustness of the national economy and the sustainability of resources to support key developmental, economic, and social projects, he added.
The 2025 budget is allocated across key sectors, including social development, government affairs, and economic affairs alongside other federal expenses.
AED27.859bn ($7.6bn), representing 39 per cent of the total federal budget, has been dedicated to the social development sector. Of this amount, the allocation break down is:
- Public and higher education programmes: AED9.99bn ($2.7bn)
- Healthcare and community prevention services: AED5.505bn ($1.5bn)
- Social care: AED8.956bn ($2.4bn)
- Culture and arts: AED1.288bn ($351m)
- Housing: AED660m ($180m)
- Defence: AED8.126bn ($2.2bn)
- Public affairs and safety: AED8.179bn ($2.2bn)
- Economic affairs: AED2.523bn ($687m)
- Public services: AED23.431bn ($6.4bn)
During the session, Marwan Obaid Al Muhairi and Mira Sultan Al Suwaidi were elected as observers of the Council by acclamation.