Statement by His Excellency Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, on 17th accession day anniversary of His Highness Sheikh Mohammed bin Rashid Al Maktoum as Prime Minister of the UAE
13 April 2023
His Excellency Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, noted that since His Highness Sheikh Mohammed bin Rashid Al Maktoum became the Prime Minister of the UAE back in 2006, government work management has always adopted an innovative, excellent and pioneering approach. All members of the esteemed Cabinet and the relevant parties worked shoulder-to-shoulder to achieve the vision of our wise leadership.
His Excellency Al Hussaini said: “Today, the UAE celebrates the 17th accession day anniversary of His Highness Sheikh Mohammed bin Rashid Al Maktoum as Prime Minister of the UAE. We recall a journey filled with achievements, creativity and development, and we celebrate a distinctive and unwavering approach that prioritises the happiness, prosperity and quality of life of the UAE citizens and residents. 17 years have passed and were filled with successes, leadership, and the attainment of many firsts, which have cemented the UAE’s global position in various fields.”
His Excellency mentioned that all these steps and radical changes were deliberate and based on a forward-looking vision that places the national strategic goals, consolidating the national economic position, and improving services at the heart of the government work. Perhaps the steps that were taken to combat administrative and financial slack were among the most significant achievements made by the Cabinet, as the federal budget increased by more than 140 per cent. Additionally, the UAE Cabinet approved the federal budget 2023-2026, with a total estimated expenditure of AED 252.3 billion and estimated revenues of AED 255.7 billion. A budget for the year 2023 has been allocated, with total estimated expenses of AED 63.066 billion, and total estimated revenues presented for approval amounted to AED 63.613 billion.
