The Budget Reflects Strong Confidence in the National Economy
The unveiling of the new federal budget for 2026 reveals a bright future for the national economy, as it reflects strong confidence in its robustness. His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, the Deputy Prime Minister of Dubai, announced that the budget is a significant milestone in the government’s journey, highlighting the state’s commitment to enhancing growth and sustainable development.
A Significant Leap in the Budget
His Highness Sheikh Maktoum reported that the general budget for the fiscal year 2026, approved by the Cabinet headed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, amounts to 92.4 billion dirhams, up from 71.5 billion dirhams in 2025. This substantial increase, representing about 29%, underscores optimism and confidence in the national economy’s ability to continue achieving milestones across various vital sectors.
Investment in Vital Sectors
He emphasized the importance of allocating expenditures in the new budget to areas such as education, health, and infrastructure, viewing this as a commitment to a balanced developmental vision. The budget not only reflects strong confidence in the national economy but also enhances social and economic stability, indicating that it is not merely a collection of numbers but a comprehensive developmental strategy aimed at building a diverse and resilient economy.
Ongoing Efforts Towards Sustainable Development
Sheikh Maktoum noted that this budget serves as evidence of the UAE’s unwavering determination to move forward towards a sustainable future. It reinforces the country’s position as a global destination for sustainable development. Furthermore, the new budget aims to ensure long-term financial stability and meet the growing needs of the community.
The UAE continues to solidify its financial readiness, contributing to the creation of a more prosperous and cohesive society. This budget represents a distinctive step towards sustainable development and achieving well-being for all segments of society, reflecting strong confidence in the national economy’s strength.