His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai approved a budget of Dh47.3 billion for 2017 which included a significant increase in public spending on infrastructure, innovation and social sectors. Total spending is expected to increase by 2.6%, up from Dh46.1 billion in 2016.

Dubai’s Budget 2017


Source: Government of Dubai

Dubai’s budget for 2017 allocates 34% of total spending to the social development sector, including health, education, housing, and community development. It allocates 17% for infrastructure spending, a 27% increase from 2016. Security, justice and safety have been assured, with these areas receiving 21% of the total expenditure for 2017. Spending on innovation and creativity stands at 8% of total spending for 2017.

Dubai’s Budget Allocation 2017


Source: Government of Dubai

Job Creation

Dubai’s budget for 2017 aims to provide more than 3,500 new jobs, reflecting the government’s keenness to create further job opportunities.

Revenues

Revenue for 2017 is anticipated to decline compared with 2016. However, the government’s revenue from fees is expected to increase by 6% in 2017.

Dubai Revenues 2017


Source: Government of Dubai

Budget Deficit

The budget has planned for a deficit of Dh2.5 billion which represents 0.6% of Dubai's total GDP, according to Dubai's Department of Finance.

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