MoF Strategy
MoF Strategic Plan 2017-2021
An ambitious strategy for a promising future
MoF Strategic Goals
Six strategic goals were defined by the fourth strategic cycle; and each strategic goal consists of a number of initiatives to ensure its full implementation.
Below are the strategic goals and the initiatives:
1
First Strategic Goal
Develop the strategic fiscal planning in the federal government
General fiscal sustainability and risk management
Develop an environment that fosters innovation in the federal government
Develop a framework to collect data, and create the processes and tools for fiscal planning
Build fiscal and economic capacities in the federal government
2
Second Strategic Goal
Develop creative effective mechanisms to follow up implementation of UAE public expenses
Develop creative and effective mechanisms to follow up on the implementation of collection of UAE public revenues
Manage the financial position and cash flow of the federal government
Develop the framework with the Prime Minister’s Office to report and evaluate the federal bodies’ performance and their financing by the UAE general budget
3
Third Strategic Goal
Develop and improve the relations with international financial organisations and institutions
Develop and promote international financial relations bilaterally
Activate opportunities and advantages of GCC joint financial and economic integration
4
Fourth Strategic Goal
Promote the coordination of fiscal policies and statements at a national level
Review and enact the fiscal policies and laws
Protect the integrity of the UAE’s financial system
5
Fifth Strategic Goal
Manage financial resources effectively and efficiently
Manage procurement as per the best international practices
Apply the best HR practices
Ensure implementation of quality standards and organisational excellence
Develop strategic plans and performance measurements
Ensure achievement of internal and external communication
Provide the latest IT services
Provide the best legal services
Apply the best international leadership practices
Provide joint services for all organisational units in a highly effective manner
6
Sixth Strategic Goal
Build capacities of employees in innovation
Adopt the most recent tools and means of innovation in the Ministry
Create an innovative and stimulating environment