The budget includes 42.3 per cent for community development, 17 per cent for education development and 7.3 per cent for healthcare development.
The UAE cabinet has approved a zero-deficit federal budget of AED 180 billion for the next three years, according to local newswire, WAM.
In a tweet, HH Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister and Ruler of Dubai, said that fifty-nine per cent of the budget will go to education and social development.
The cabinet also approved a budget of AED 60.3 billion for 2019, an 18 per cent increase compared to last year.
Additionally, the UAE also approved a federal law regulating space sector, which Sheikh Mohammed said would open the sector for investments, research and cooperation from the private sector.