UAE - Mubasher: The UAE Cabinet has approved the country's general budget for 2022- 2026 with total expenditures of AED 290 billion.
The cabinet, chaired by Sheikh Mohammed bin Rashid Al Maktoum, the UAE Vice President, Prime Minister, and Ruler of Dubai, has adopted the 2022 general budget with AED 58.931 billion expenditures, according to a recent press release.
The development and social benefits sector has led the other sectors in terms of its share in the 2022 budget with 41.2%, including 16.3% for education, 6% for social development, and 8.4% for health.
During its meeting at Expo 2020, the cabinet has also launched the new government strategic approach to set up the foundations of work for the next 50 years.