Dubai unveiled a $56 billion budget for 2023-2025, prioritizing the housing sector

Posted on December 26, 2022   |  

The financial plan for the next 3 years (2023-2025) will provide the highest economic stability and promote growth across the emirate’s business sectors.

In its 2023 budget, Dubai will focus on social services and the development of the health, education, and culture sectors.

The budget also puts high importance on the housing sector via Dubai’s Housing Program as part of a plan for the next 20 years.

The UAE and Dubai are among the countries and cities that recovered the fastest from the global health crisis, which is apparent in the increase in the volume of tourism flows and the high rates of air traffic and economic activity in the emirate.