Our Strategy
The Ministry of Finance (MoF) of the United Arab Emirates was established as a sovereign ministry under Federal Decree No. (2) of 1971 to assume responsibility for implementing all financial policies related to economic development in the country, foremost of which is preparing and allocating the federal budget, managing the government’s financial situation, and providing services to the government and business sectors, as well as individuals. The Ministry includes five main sectors: the government budget and revenue sector, tax legislation sector, government financial management sector, international financial relations sector, and support services sector.
Vision
Global leadership in public finance and sustainable growth.
Mission
Management of financial resources for the federal government and its development through sustainable and sustainable financial policies, representing the financial interests of the state at the international level and building distinguished internal capabilities.
Values
Team spirit
We work as one integrated team, diverse skills and competencies, which sustains the spirit of support and cooperation in a work environment that prevails in respect and the atmosphere of the same family, and we adopt effective communication, flexibility and justice.
Leadership and excellence
We work to be an example to be followed in all areas of our work and we adhere to the highest international standards and outperform the best practices in order to achieve achievements that take us towards the future.
Agility
We have the ability to anticipate, anticipate and respond to continuous changes, by introducing new strategies and preparing to face rapidly emerging opportunities.
Wellbeing
We focus on achieving the results and outputs that delight all the categories of those concerned and contribute effectively to achieving the happiness of individuals and society and enhancing the quality of their lives in a sustainable way.
Equality
We adhere to the environment of work that allows symmetry among everyone in rights and duties without discrimination, and we provide equal treatment for all categories of those concerned.
Integrity and transparency
We adhere to a work environment that allows openness to work teams and adopts the ease of communication and free exchange of information and ideas, and we adopt the clarity of procedures and operations to support trust between employees, raise self -censorship and enhance integrity.
Strategic Goals
The Ministry of Finance developed its 2023–2026 strategic plan in alignment with the UAE government’s vision, as well as national and global directions. The strategy is built around three strategic goals that reflect the Ministry’s future aspirations: enhancing financial empowerment, supporting fiscal sustainability, and strengthening national financial resilience. It also emphasizes future foresight, innovation, and the integration of artificial intelligence — all aimed at advancing the government work and achieving excellence in performance at the federal level.
- Designing a public finance roadmap.
- Enhancing analytical capabilities and ensuring sound financial management.
- Managing public debt.
- Designing balanced tax policies that are up to date. with local and international developments.
- Designing Financial Emergency Response and Recovery Framework.
- Developing a program of cooperation with financial ministries worldwide in the field of public finances.
Main Goals
- Developing the financial planning of the federal government.
- Ensuring fiscal sustainability and managing risk.
- Preparing and reviewing financial laws and policies.
- Managing and following up on committees and government financial interests in companies, institutions and organisations.
- Enhancing the competitiveness of the business environment.
- Promoting financial interests at the international level.
- Activating the opportunities and advantages of joint GCC financial and economic integration.
- Developing and strengthening relations in international tax issues.
- Improving and developing mechanisms and tools for budget preparation and implementation.
- Managing and governing financial data.
- Preparing and managing the financial operations of the federal government.
- Managing the Digital Procurement Platform.
Government Enablers
1. Attract and enable talents and provide effective and efficient institutional services and digital structure.
- MoF Leaders & Future Skills.
- Designing a framework to attract and retain competencies and talents.
- Developing MoF AI framework.
- Managing financial resources efficiently and effectively.
- Procurement management according to international best practices.
- Applying best human resource practices.
- Ensuring the application of quality standards and institutional excellence.
- Ensuring the achievement of internal and external communication.
- Applying global best practices in leadership.
- Developing the strategic plan and measuring performance.
- Providing the best legal services.
- Providing the latest information technology services.
- Providing common services to all organizational units with high efficiency.
2. Promote innovation practices based on agility, preemptiveness and readiness at the workplace.
- Establishing best in class innovation and change-management practices.
- Corporate innovation management.
- Future foresight.