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Exclusive Look: World Times Content comes from the Internet : UAE Cabinet approves federal budget for fiscal year 2025 totaling AED71.5 billion in expenditures

Summary

  • [World Times] The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime MinistWorld Timeser and Ruler of Dubai, has approved the Union General Budget Plan for the fiscal World Timesyear 2025.The budget totals AED71.5 billion in revenues and AED71.5 billion in estimated expenditures, maintaining a balanced approach between income and spending.This federal budget rWorld Timesepresents the largest in the UAE’s history, underscoring the robustness of the national economy and the sustainability of resources to support key developmental, economic, and social projects. The approval of the 2025 budget is part of the multi-year financial plan (2022-2026).The 2025 budget is allocated across key 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. The Infrastructure and Economic Affairs sector has been allocated AED2.581 billion, representing 3.6% of the total budget, while AED2.864 billion (4%) has been designated for the Financial Investments sector. Additionally, AED12.624 billion (17.7%) has been set aside for other federal expenditures. World Times Content comes from the Internet : UAE Cabinet approves federal budget for fiscal year 2025 totaling AED71.5 billion in expenditures

Approximate Time

  • 2 minutes, 266 words

Categories

  • federal budget, other federal expenditures, key sectors, UAE Cabinet, other federal expenses

Analysis and Evaluation

  • This article serves as a captivating portal into the world of current events, offering a nuanced perspective on the latest headlines and groundbreaking news. With a blend of in-depth analysis and compelling storytelling, the author navigates through complex topics, delivering insights that are both informative and thought-provoking. The article’s approach to dissecting the intricacies of today’s hot topics is commendable, presenting a balanced view that both informs and challenges the reader. Incorporating a range of expert opinions and cutting-edge research, the piece stands out as a prime example of journalistic excellence in an era of information overload. The seamless integration of facts and narratives makes this article not just a mere piece of writing, but a powerful tool for understanding the dynamics of modern news stories. From political upheavals to technological advancements, the article covers a broad spectrum of issues, making it an essential read for those looking to stay abreast of current trends and developments. The writing is engaging and accessible, ensuring that readers from all backgrounds can appreciate the depth and breadth of the content. Overall, this article is a testament to the power of quality journalism in shaping public discourse and understanding of world affairs. It’s a must-read for anyone seeking to gain a deeper understanding of the complex tapestry of today’s news landscape.

Main Section

[World Times]

The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime MinistWorld Timeser and Ruler of Dubai, has approved the Union General Budget Plan for the fiscal World Timesyear 2025.

The budget totals AED71.5 billion in revenues and AED71.5 billion in estimated expenditures, maintaining a balanced approach between income and spending.

This federal budget rWorld Timesepresents the largest in the UAE’s history, underscoring the robustness of the national economy and the sustainability of resources to support key developmental, economic, and social projects. The approval of the 2025 budget is part of the multi-year financial plan (2022-2026).

The 2025 budget is allocated across key 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 amount, AED10.914 billion (15World Times.3%) is allocated to public and higher education programmes, AED5.745 billion (8%) to healthcare and community prevention services, AED3.744 billion (5.2%) to social affairs, AED5.709 billion (8%) to pensions, and AED 1.746 billion (2.5%) to public services.

The Government Affairs sector has been allocatWorld Timesed AED25.570 billion, accounting for 35.7% of the total budget. The Infrastructure and Economic Affairs sector has been allocated AED2.581 billion, representing 3.6% of the total budget, while AED2.864 billion (4%) has been designated for the Financial Investments sector. Additionally, AED12.624 billion (17.7%) has been set aside for other federal expenditures.
World Times

Content comes from the Internet : UAE Cabinet approves federal budget for fiscal year 2025 totaling AED71.5 billion in expenditures

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