The UAE Ministry of Finance has formally launched the federal normal funds cycle for 2027–2029, marking a significant step within the evolution of the nation’s public monetary system and supporting long-term strategic goals, together with the UAE Centennial 2071.
The brand new cycle goals to reinforce fiscal sustainability, promote operational effectivity, and align authorities monetary planning with the nationwide imaginative and prescient for a extra agile, proactive, and digitally enabled future.
The announcement coincided with the revealing of the federal authorities’s new strategic planning framework, “In the direction of Attaining We the UAE 2031”, by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
UAE funds cycle
The brand new cycle marks a metamorphosis of the federal funds from a standard annual useful resource allocation instrument right into a strategic enabler that empowers federal entities to attain nationwide priorities.
Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance, said that the brand new cycle is a part of a broader authorities method pushed by flexibility, proactivity, and coverage integration.
He stated: “Attaining the ambitions of the UAE Centennial 2071 requires a monetary system that’s agile and future-focused, a system that may reply to international shifts and direct authorities spending towards high-impact alternatives.
“To that finish, the MoF is investing in good instruments and superior analytical fashions that guarantee monetary effectivity, optimise impression, and allow data-driven decision-making aligned with the nation’s developmental, financial, and social objectives.
“Our imaginative and prescient is to rework the federal funds right into a future-ready instrument that drives sustainable progress and elevates the standard of presidency providers to new heights”.
Over the earlier 4 strategic funds cycles, the UAE’s complete federal funds reached roughly AED900bn ($245bn), with sustained funding in key sectors equivalent to training, healthcare, social welfare, and important authorities providers.
The Ministry of Finance has maintained fiscal stability, with public debt standing at AED62.1bn ($16.9bn) as of June 2025, and federal authorities belongings reaching AED464.4bn ($126.3bn) by the top of 2024.
This stable monetary basis helps the UAE’s dedication to remodeling the funds course of right into a performance-based, result-oriented system powered by synthetic intelligence and superior digital platforms.
Mohamed bin Hadi Al Hussaini, Minister of State for Monetary Affairs, highlighted the Ministry’s efforts to overtake conventional monetary operations.
Notable achievements embrace:
- Lowering funds preparation steps from 50 to 10
- Shortening procurement cycles from 60 days to beneath six minutes
- Transitioning to a totally built-in digital monetary system
Al Hussaini said that the Ministry has shifted from being a supervisory authority to a key enabler of institutional efficiency, centered on buyer satisfaction and repair excellence.
The 2027–2029 cycle displays a complete imaginative and prescient to:
- Combine synthetic intelligence into monetary governance
- Allow predictive and scenario-based monetary planning
- Help unified and correct government-wide information
- Drive sustainable progress and improve the UAE’s competitiveness as a world monetary hub
