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  • 13-10-21

    UAE confirms its general budget for 2022 to 2026 at USD79B

    (MENAFN)As the UAE enters an aggressive economic transformation, the country confirmed its general budget for 2022 to 2026 at 290 billion dirhams (USD79 billion).

    According to WAM, 59 billion dirhams was approved for 2022, with the majority being allocated to the growth and social benefits sector, at 41.2 percent.

    Furthermore, education obtains the second biggest share at 16.3 percent, followed by healthcare at 8.4 percent, pensions at 8.2 percent, and social development at 6 percent. Other services will take up the remainder.

    The report further declared that the UAE spends big on infrastructure and financial resources, with many government committees being reorganized.

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