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UAE Ministry of Finance Launches Strategic Plan to Reshape Public Financial Management

UAE Ministry of Finance Launches Strategic Plan to Reshape Public Financial Management
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The UAE Ministry of Finance has unveiled its Strategic Plan 2027–2029, a forward-looking framework aimed at transforming government financial management and reinforcing the country's position as a global leader in public finance.

Launched by His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai and Minister of Finance, the plan introduces a proactive and agile financial model designed to support sustainable growth, strengthen national competitiveness and advance the UAE's broader development ambitions.

The plan is built around three overarching objectives: strengthening fiscal sustainability and resilience, achieving global leadership in government financial performance, and deepening the UAE's international presence through strategic partnerships.

Minister of State for Financial Affairs Mohamed bin Hadi Al Hussaini described the plan as the beginning of a new phase in government financial management, focused on agility, sustainability and expanded partnerships. He said the ministry would translate strategic priorities into measurable outcomes through a more integrated operating model that invests in talent and leverages emerging technologies.

A central feature of the plan is the shift from reactive service delivery to predictive and proactive financial services. Key initiatives include a Smart Predictive Budgeting Platform, an Integrated Smart System for Government Revenue Management, and AI-powered tools for procurement, archiving and financial analysis. The ministry is also moving towards accepting digital currencies as a means of paying federal service fees.

The plan is anchored by six institutional values: proactiveness, agility and efficiency, partnership and integration, innovation and leadership, integrity and transparency, and teamwork.

It also prioritises empowering young talent and expanding human capital development across federal entities, positioning these efforts as long-term pillars of government performance and financial resilience.

News Source: Dubai Media Office

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Shahba Mayyeri

Written by Shahba Mayyeri

Shahba is a Content Creator at HiDubai with 4 years of experience in crafting compelling stories and articles. She holds a Master’s degree in Media and Communications from MAHE Dubai.
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