Our Strategy
Since its establishment in 1971 as a sovereign ministry under Federal Decree No. (2) of 1971, the UAE Ministry of Finance has played a pivotal role in advancing government financial management through the development of proactive and sustainable financial policies, enhancing the efficiency of managing the Federal Government’s financial resources, and strengthening international financial and economic cooperation through strategic partnerships. The Ministry also delivers proactive services to government entities, individuals, and the business sector. It comprises five core sectors: the Government Budget and Revenue Sector, the Tax Policy Sector, the Government Financial Management Sector, the International Financial Relations Sector, and the Support Services Sector. The Ministry’s work is guided by a strategic plan built on the principles of efficiency, sustainability, transparency, and innovation.
Vision
A globally leading, future-oriented ministry to achieve sustainable financial growth.
Mission
Elevating government finance through proactive, agile, innovative fiscal policies and solutions, and impactful partnerships and relations, achieving sustainable development to enhance quality of life.
Values
Proactivity
We anticipate future trends and take timely decisions and actions to enhance preparedness and maintain excellence in a changing environment.
Agility & Efficiency
We approach challenges and changes with confidence and resilience, while enhancing performance efficiency and resource utilization to ensure effective and sustainable results.
Partnership and integration
We strive to build effective, integrated partnerships that unify efforts and drive synergies in order to achieve shared financial and national goals.
Innovation & Leadership
We seek to become a global benchmark in public finance by adopting creative thinking and developing leading financial solutions and practices that contribute to the readiness of public finances and boost the UAE’s competitiveness.
Integrity and transparency
We operate with transparency and honesty, ensuring that information is shared reliably and making informed decisions based on ethical principles that promote trust and responsibility.
Team spirit
We work in tandem as one team, supporting each other through a spirit of collaboration and shared responsibility, within an environment of mutual respect and effective communication, which enhances our ability to achieve our common goals.
Strategic Goals
The Ministry of Finance developed its Strategic Plan 2027–2029 to translate its future aspirations and priorities into a clear roadmap aligned with the vision of the UAE Government and national and global trends. The plan places a strong emphasis on future foresight, innovation, and the adoption of artificial intelligence to advance government operations and achieve excellence in federal government performance.
The Strategy is built around three strategic objectives that represent key transformation pillars, designed to drive significant improvements in performance and reshape the Ministry’s operating model to keep pace with future developments while strengthening its ability to realise its vision and reinforce its leadership at both the national and global levels.
These objectives are Enhance fiscal sustainability and resilience for a more prosperous future, Achieve global leadership in the Government’s fiscal performance, and Strengthen the country’s global positioning through effective and impactful partnerships.
- National Observatory for Financial Policies and Innovation (Phase One)
- Federal Government's Medium-Term Fiscal Framework
- Excise Tax on Harmful Products
- Tax Controls for Transactions Conducted via Digital Platforms
- Federal Program for Developing Sovereign Finance and Debt Markets
- Federal Government Monetary Forecasting Platform
- The Use of Digital Currencies for Settling Federal Payments
- National Observatory for Financial Policies and Innovation (Phase Two)
- Smart Predictive Budgeting
- Federal Program to promote Partnership and Excellence between the Public and Private Sectors
- Integrated Smart Financial System for Government Revenues and Financial Analysis (Phase One)
- Transforming the Government Procurement Journey through Artificial Intelligence
- Federal Program for Smart and Sustainable Management of Government Assets and Enhanced Governance
- Federal Government Enterprise Resource Planning (ERP) System
- National Assistant for Financial Analysis
- Federal Government Integrated Accounts Structure
- Accepting Digital Currencies as an Approved Means of Paying Federal Service Fees
- Integrated Smart Financial System for Government Revenues and Financial Analysis (Phase Two)
- Updating and Formulating the Federal Corporate Tax Law
- Launching the First Wave of Public-Private Partnership Projects
- Crypto Asset Disclosure System
Main Goals
- Federal Government Financial Planning
- Compiling studies and monitoring federal entity compliance with tax requirements
- Formulating tax policies and legislation
- State-level financial coordination
- Developing government financial policies and accounting standards
- Government Revenue Management
- Monitoring the implementation of PPP projects
- Accounts and Financial Systems Management
- Governance and analysis of financial data
- Cash and Treasury Management across the Federal Government
- Government Procurement Management
- Public Debt Management
- Government Assets and Union Property Management
- Promoting financial interests at the international level
- Leveraging the opportunities and advantages of GCC financial and economic integration
- Public-Private Partnership Management
Government Enablers
1. Attract and empower the best human talent and provide efficient and effective services and digital infrastructure
- Digital Transformation to Integrate HR Systems
- Improving Employee Experience at the Ministry
- National Program for Empowering Youth in the Future of Public Finance
- Managing financial resources efficiently and effectively
- Procurement management in line with best global practices
- Applying HR practices
- Ensuring the adoption of quality standards and institutional excellence
- Enhancing internal and external communication
- Applying global best practices in leadership
- Strategic planning and corporate performance management
- Legal Affairs Department
- Ministry's Digital Transformation Department
- Delivering highly-efficient shared services to all organizational units
- Internal Audit Governance
2. Enhance innovation practices based on agility, proactivity, and readiness, and adopt artificial and strategic intelligence
- AI-Based Archiving System
- Observatory of Excellence, Innovation and Foresight
- "Smart Legal Research" tool to support entities in obtaining basic legal advice
- Program to enhance data quality and strengthen corporate culture
- Digital Communication with Artificial Intelligence
- Smart Digital Strategic Partnerships Platform
- Corporate Innovation Management
- Foresight