Thursday, July 30, 2026
38.1 C
New Delhi

“Investing in people, securing the future”: UAE launches Federal Budget Yearbook 2026 with AED92.4 billion plan

“Investing in people, securing the future”: UAE launches Federal Budget Yearbook 2026 with AED92.4 billion plan

UAE launches Federal budget yearbook 2026/Image: WAM

The UAE Ministry of Finance has launched the Federal Budget Yearbook 2026 under the theme “Investing in People, Securing the Future”, outlining how government spending will support social development, economic growth and long-term financial sustainability. The yearbook highlights a balanced federal budget of AED92.4 billion, reflecting the country’s focus on improving quality of life while strengthening financial stability.

Human-centred vision for national development

The Federal Budget Yearbook 2026 presents a vision that places people at the centre of the UAE’s development plans. According to the Ministry of Finance, the publication reflects the country’s commitment to strengthening financial transparency and ensuring that government spending aligns with national priorities.

Israel Iran War

The yearbook highlights how financial planning is closely linked with the UAE’s long-term strategic goals. It also explains how government spending is directed towards sectors that support society and help build a prosperous and cohesive future.

Sheikh Maktoum: Budget supports sustainable future

H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, said the 2026 federal budget will help accelerate efforts to achieve the UAE leadership’s vision of a sustainable future. He said the budget focuses on investing in people, improving quality of life and ensuring long-term financial sustainability. Sheikh Maktoum also noted that government resources are being directed efficiently towards sectors that have the greatest impact on society.According to him, the budget preparation process continues to evolve in line with global economic changes. This approach has strengthened financial planning, improved the efficiency of public spending and increased federal revenues. It has also expanded the use of artificial intelligence in budget management, helping reinforce long-term financial stability.

Balanced budget and revenue growth

The 2026 federal budget maintains fiscal balance for the second consecutive year, with both revenues and expenditures reaching AED92.4 billion.This marks a significant increase compared with AED71.5 billion in 2025, representing a growth of nearly 29 percent. Officials said the balanced budget reflects the resilience of the UAE’s national economy and its ability to maintain financial stability despite global changes.

Key spending priorities

Government spending in 2026 will continue to focus on sectors that directly affect the wellbeing of society.The budget allocates:

  • AED30.8 billion for public services
  • AED16.9 billion for the education sector
  • AED5.7 billion for healthcare development
  • AED3.7 billion for housing programmes supporting family stability
  • AED1.4 billion for economic affairs to support growth and development
  • AED33.9 billion for other sectors

Officials said these allocations reflect the UAE’s strong focus on developing human capital and improving community wellbeing.

Strengthening financial sustainability

Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, said the yearbook presents a comprehensive financial vision based on medium and long-term planning.He explained that the government is strengthening the connection between spending, performance and results to ensure public funds deliver the greatest impact. Financial sustainability efforts also include improving financial planning, managing public spending more effectively and diversifying revenue sources.Other priorities include strengthening public debt management and expanding partnerships between the public and private sectors, which support continued economic growth while maintaining fiscal balance.

Focus on transparency and future growth

The Federal Budget Yearbook 2026 also provides a detailed overview of how the federal budget is prepared and developed, in line with the UAE’s long-term goals such as UAE Centennial 2071.The publication highlights achievements and future targets across major sectors including education, healthcare, government services and the national economy. It also explains how the government is shifting towards measuring real outcomes and developmental impact rather than focusing only on financial figures.The yearbook also reflects the UAE’s focus on digital transformation, including the growing use of artificial intelligence to support decision-making, improve efficiency and reduce bureaucracy in government services.Officials said the publication aims to help the public better understand how government spending contributes to national development. It also strengthens transparency and public trust while reinforcing the UAE’s position as a global model in modern public financial management. Go to Source

Hot this week

An Oklahoma wind farm is creating an invisible river of wind that reaches much higher than scientists once thought

image AI generated A wind farm is usually thought of as a place where moving air is turned into electricity. Yet the flow does not simply continue on its way once it has passed through the turbines. Read More

In 2008, MSU scientists discovered a tiny fungus hiding inside a rainforest tree that naturally produced diesel-like fuel

Image(s): Left/MSU/Right/Canva For decades, scientists have searched for cleaner alternatives to fossil fuels, looking everywhere from algae and bacteria to agricultural waste. Read More

Japan’s 600-year-old Daisugi forestry method lets a single tree produce timber for centuries

Japan’s 600-year-old Daisugi technique offers a unique way to produce timber without cutting down entire trees Timber is one of the biggest reasons trees are cut down all over the world. Read More

King Charles cracks an joke after being told he ‘looks good’

Pic courtesy: X/ The Royal Family Telling someone they ‘look good’ is considered a compliment, and when it’s said to someone older, it’s a pleasant gesture. King Charles, 77, however, doesn’t pretend that age is just a number. Read More

‘Tweaking anti-paper leak law a hogwash’: Kharge tears into Centre, backs NEET protest

Mallikarjun Kharge said the bill has just been tabled to quell the anger of student. Read More

Topics

An Oklahoma wind farm is creating an invisible river of wind that reaches much higher than scientists once thought

image AI generated A wind farm is usually thought of as a place where moving air is turned into electricity. Yet the flow does not simply continue on its way once it has passed through the turbines. Read More

In 2008, MSU scientists discovered a tiny fungus hiding inside a rainforest tree that naturally produced diesel-like fuel

Image(s): Left/MSU/Right/Canva For decades, scientists have searched for cleaner alternatives to fossil fuels, looking everywhere from algae and bacteria to agricultural waste. Read More

Japan’s 600-year-old Daisugi forestry method lets a single tree produce timber for centuries

Japan’s 600-year-old Daisugi technique offers a unique way to produce timber without cutting down entire trees Timber is one of the biggest reasons trees are cut down all over the world. Read More

King Charles cracks an joke after being told he ‘looks good’

Pic courtesy: X/ The Royal Family Telling someone they ‘look good’ is considered a compliment, and when it’s said to someone older, it’s a pleasant gesture. King Charles, 77, however, doesn’t pretend that age is just a number. Read More

‘Tweaking anti-paper leak law a hogwash’: Kharge tears into Centre, backs NEET protest

Mallikarjun Kharge said the bill has just been tabled to quell the anger of student. Read More

NCP to merge with Sharad Pawar faction? What party veteran Chhagan Bhujbal said

“In democracy, dialogue should always happen,” said Chhagan Bhujbal. Read More

TASMAC Scam Fallout: TVK Mulls Private Liquor Retail Under Strict Regulation

Show Quick Read Key points generated by AI, verified by newsroom DVAC intensified liquor scam probe against former minister Balaji. FIR details widespread collusion in bar licences and tenders. Read More

‘How Can He Continue?’ SC Questions Bihar Over Minister Deepak Prakash’s 6-Month Unelected Tenure

Show Quick Read Key points generated by AI, verified by newsroom Court to clarify if six-month unelected tenure can restart. Read More

Related Articles