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UAE Cabinet Approves Federal Budget For 2025 Totaling AED71.5 Billion In Expenditures
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UAE Cabinet Approves Federal Budget For 2025 Totaling AED71.5 Billion In Expenditures

Web Desk
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8 Oct 2024 11:22 AM GMT

It is worth mentioning that this federal budget represents the largest in the history of the UAE.

The UAE Cabinet on Tuesday approved the Union General Budget Plan for the fiscal year 2025. The budget totals AED71.5 billion in revenues and AED71.5 billion in estimated expenditures. It is worth mentioning that this federal budget represents the largest in the history of the UAE.

The budget for 2025 is allocated across major sectors, including Social Development and Pensions, Government Affairs, Infrastructure and Economic Affairs, and Financial Investments, alongside other federal expenses. AED27.859 billion, representing 39% of the total federal budget, has been dedicated to the Social Development and Pensions sector. Of this, AED10.914 billion is allocated to public and higher education programmes. Additionally, AED5.745 billion is allotted to healthcare and community prevention services, and AED3.744 billion is assigned to social affairs.

Meanwhile, the Government Affairs sector has been allocated AED25.570 billion, accounting for 35.7% of the total budget. The Infrastructure and Economic Affairs sector has been allocated AED2.581 billion, while AED2.864 billion has been designated for the Financial Investments sector. Other federal expenses amount to Dh12.624 billion, representing 17.7% of the budget.

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