Maktoum bin Mohammed Discusses the General Budget Project for the Fiscal Year 2026

As part of enhancing economic transparency and financial planning, His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, the First Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance, held an important meeting of the Federal General Budget Committee. The meeting focused on discussing the draft general budget for the fiscal year 2026, which is part of the strategic budget plan for the years 2022-2026.

Importance of the Committee Meeting

The meeting was held within the framework of his strategy to ensure sustainable economic growth, where His Highness emphasized the importance of prioritizing federal entities. During the meeting, recent economic updates and expected financial flows were discussed. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum stressed the need to work systematically to achieve the objectives of the general budget for the fiscal year 2026.

Future Financial Directives

In his remarks on the platform “X,” he indicated that the budget should align with the aspirations of the UAE leadership. He confirmed that the Ministry of Finance has been directed to complete the necessary procedures in preparation for submitting the budget draft to the Cabinet. This move demonstrates the government’s commitment to adopting flexible financial policies capable of responding to market changes and economic challenges.

Budget Sustainability and Emirati Leadership

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum concluded the meeting by reaffirming the ongoing efforts to ensure that the general budget for the fiscal year 2026 aligns with the country’s developmental goals. “We continue to work to ensure the sustainability and responsiveness of the budget to changes,” he expressed, reflecting his ambitious vision to establish the UAE’s leadership among nations, which embodies a modern leadership mindset that prioritizes stability and growth.