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    You are at:Home » آخر الأخبار » Sharjah Approves AED 42 Billion Historic Budget
    Lifestyle & Trends

    Sharjah Approves AED 42 Billion Historic Budget

    December 24, 2024
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    حاكم الشارقة - Ruler of Sharjah
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    His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, has approved the 2025 general budget with a total value of AED 42 billion, marking the largest budget in the emirate’s history.

    Priorities: Infrastructure and Sustainable Development

    Infrastructure expenditures account for the largest share at 41% of total expenses, reflecting the emirate’s focus on capital projects and service enhancements. Economic and social development sectors also received significant allocations of 27% and 22%, respectively.

    Sharjah Revenue Growth of 8%

    Sharjah’s public revenues increased by 8% compared to the previous year. Operating revenues led the way, contributing 74%, followed by tax revenues, which showed a remarkable 15% increase.

    A Forward-Looking Vision

    The budget aims to achieve financial sustainability, strengthen social security, and enhance resource efficiency, supporting Sharjah’s vision of ensuring a high quality of life for its residents while advancing energy and water sustainability projects.

    A Budget that Reinforces Leadership

    This landmark budget underscores Sharjah’s leadership in aligning present needs with future challenges, solidifying its position on both local and global fronts.

    Sharjah Sharjah Budget Sharjah General Budget Sultan bin Muhammad Al Qasimi UAE
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