SHARJAH: His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Ruler of Sharjah, has unveiled the emirate’s largest-ever budget, totalling AED42 billion for 2025. This milestone budget represents a 2% increase over 2024 and aims to enhance the quality of life, ensure financial sustainability, and drive comprehensive development.
The 2025 budget prioritises infrastructure, which accounts for 41% of the total—a 7% increase from last year. Social development follows, making up 22%, while economic development comprises 27%, focusing on tourism, cultural projects, and economic diversification. Government administration and security represent 10% of the budget, reflecting an 8% rise from 2024.
Key initiatives include improving public services, modernising infrastructure, expanding housing, and boosting tourism. The budget also targets global challenges such as inflation and economic fluctuations, ensuring the region remains financially stable and competitive.
Sheikh Mohammed bin Saud Al Qasimi, Chairman of the Finance Department, highlighted the budget’s dual focus on economic growth and social welfare. It aligns with Sharjah’s strategic goals of creating jobs, fostering entrepreneurship, and strengthening public-private partnerships. Enhanced revenue collection and smart financial tools have contributed to an 8% rise in public revenues compared to 2024.
Operational revenues will comprise 74% of total income, with tax revenues increasing by 15%. Meanwhile, infrastructure spending will attract local and international investments, solidifying Sharjah’s position as a cultural, scientific, and economic hub.
Guided by Sheikh Sultan’s vision, the budget underscores the government’s commitment to advancing Sharjah as a global leader in tourism, development, and sustainability. From housing projects to infrastructure upgrades, these efforts aim to enhance residents’ and visitors’ quality of life while fostering economic resilience.