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Sheikh Mohammed announces $67bn spending plan

Sheikh Mohammed announces $67bn spending plan

Dubai has announced a AED246.6bn ($67.1bn) budget for 2024-2026.

In his capacity as Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, approved the Government of Dubai’s general budget for the fiscal cycle of 2024-2026, with total expenditures of AED246.6bn ($67.1bn).

Sheikh Mohammed also approved Law No. (20) of 2023 regarding the General Budget of the Dubai Government for the Fiscal Year 2024, with expenditures estimated at AED79.1bn ($21.5bn).

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