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Dubai Approves Record Dh302.7bn Budget for 2026–2028, Targeting 5% Operating Surplus

Officials present the three-year plan as the financing engine for D33’s drive to double GDP and reach top-three global economic-city status by 2033.

Overview

  • The plan projects Dh329.2bn in total revenues over the cycle, exceeding planned spending to deliver an operating surplus of about 5%.
  • Expenditure for the first year of the cycle is set at Dh99.5bn for fiscal 2026.
  • Sheikh Mohammed bin Rashid approved the 2026–2028 general budget, with the announcement released by the Dubai Media Office.
  • Allocations prioritize infrastructure, security and community development, alongside health, education and culture initiatives.
  • Department of Finance leaders hailed the package as fiscally disciplined and people-focused, highlighting transparency, digital payments progress and adoption of international public-sector accounting standards.