His Excellency Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, said: "July 18 marks a defining moment in our nation's history, embodying the wisdom and unwavering resolve of the Founding Fathers when they signed the Union Accord and adopted the Constitution in 1971. This historic and transformative step laid the enduring foundations for the establishment of the United Arab Emirates and launched a comprehensive and sustainable development journey that placed people at the heart of national development, making the development of human potential and the advancement of individual capabilities the foremost objective and the cornerstone of all national strategies and policy directions."
His Excellency added: "Commemorating this national occasion reflects our unwavering commitment to the values and principles that have guided the UAE's Union journey. Inspired by these enduring foundations, the Ministry of Finance remains committed to translating this pledge into tangible action by advancing strategic financial policies that enhance the efficiency of public financial management and strengthen the country's fiscal sustainability, thereby fostering a more resilient economic environment and creating promising opportunities for future generations."
His Excellency concluded: "We reaffirm our unwavering commitment to strengthening the resilience of the UAE's financial system and enhancing its policy frameworks and instruments in line with the highest international standards, in support of the 'We the UAE 2031' vision and the aspirations of our wise leadership for a sustainable development model in which our Union will always remain the enduring source of our strength and leadership."