Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, approved Sharjah’s largest-ever budget on Monday, with total expenditures of Dh42 billion.
The 2025 budget focuses on ensuring financial stability, improving living standards, and providing social welfare for all residents, as confirmed by the Sharjah Government Media Office.
“It also emphasizes boosting social security and ensuring the sustainability of resources like energy, water, and food,” the statement added.
Key Figures of Sharjah’s 2025 Budget
Sharjah’s general budget for 2025 shows a 2% increase in spending compared to 2024.
- Salaries and wages account for 27% of the budget.
- Operational expenses make up 23%.
- Capital projects maintain 20% of the allocation to support ongoing developments.
- Debt repayment and interest obligations stand at 16%, showing a 2% rise from 2024.
- Support and aid allocations are 12%, while capital expenditures constitute 2% of the total budget.
Sector-Wise Breakdown
- Infrastructure Sector: Receives 41% of the budget, a significant 7% increase from 2024, to enhance Sharjah’s infrastructure.
- Economic Development: Allocated 27% of the budget to boost the emirate’s economic progress.
- Social Development: Maintains 22% of the budget to continue offering quality services and support to residents.
- Government Administration, Security, and Safety: Accounts for 10% of the budget, reflecting an 8% growth from the previous year.
Revenue Highlights
The 2025 budget reflects an 8% rise in general revenues compared to 2024, focusing on efficient revenue collection and leveraging advanced technology.
- Operating Revenues: Form 74% of total revenues, up by 16% from 2024.
- Capital Revenues: Make up 10% of the total.
- Tax Revenues: Constitute 10%, showing a 15% growth.
- Customs Revenues: Account for 4%, maintaining the same level as 2024.
- Oil and Gas Revenues: Represent 2% of the total revenues.
