Finance & Capital Market

UAE Ministry of Finance's 2027–2029 Strategic Plan aims to enhance efficiency

ABU DHABI
UAE Ministry of Finance's 2027–2029 Strategic Plan aims to enhance efficiency

The UAE Ministry of Finance has launched its Strategic Plan 2027–2029, a new government framework designed to enhance the efficiency of public financial management and advance its policies and tools in line with the UAE’s ambitions for the next phase of development.

Launching the plan, Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, said: “This Strategic Plan marks a new milestone in the evolution of the UAE’s government financial ecosystem and reflects an ambitious national vision to strengthen the country’s future readiness. It establishes a more proactive and agile financial model that supports sustainable growth, enhances national competitiveness and reinforces the UAE’s global standing."

He added: “Guided by the vision of our wise leadership, the UAE continues to advance its fiscal policies to ensure they remain responsive to change and capable of creating new opportunities. Through this plan, the Ministry of Finance will further strengthen the role of public finance as a strategic driver of sustainable development, government excellence and quality of life, which remains a national priority.”

He further noted : “The new plan is built on an integrated future-focused vision that will bring government financial management to new levels of readiness, effectiveness and impact through the adoption of proactive, agile and innovative financial policies and solutions, the strengthening of strategic partnerships, and the expansion of financial and economic cooperation. This approach will further position the UAE as a key partner in shaping the future of regional and global finance and economic development."

Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, said the Strategic Plan 2027–2029 marks the beginning of a new phase in government financial management, centred on strengthening readiness, advancing sustainability and expanding the impact of partnerships in support of the UAE’s economic and development priorities.

“The strategic plan provides a comprehensive framework for advancing the government financial ecosystem by enhancing its agility and ability to respond to change, while reinforcing the Ministry’s role in strengthening the UAE’s competitiveness, improving government financial performance and building partnerships that elevate the country’s presence on the global financial and economic stage,” Al Hussaini said.

“We remain focused on translating strategic priorities into tangible impact through a more integrated and proactive operating model that invests in talent, leverages innovation and emerging technologies, and supports informed decision-making, ultimately enhancing resource efficiency and ensuring sustainable outcomes.”

The Strategic Plan is underpinned by six core institutional values that serve as the foundation of the Ministry’s operating model: proactiveness; agility and efficiency; partnership and integration; innovation and leadership; integrity and transparency; and teamwork.

These values promote forward-looking thinking, timely decision-making and action, and the ability to navigate challenges and change with confidence and agility. They also support enhanced performance, efficient resource utilisation and the delivery of sustainable results.

The Plan further emphasises the importance of building effective and integrated partnerships that align efforts and strengthen collaboration in pursuit of shared financial and national objectives. It also encourages innovative thinking and the development of pioneering financial solutions and practices that enhance public finance readiness and reinforce the UAE’s global competitiveness.

The institutional values foster a workplace culture grounded in transparency, integrity and reliable information sharing, while promoting principled decision-making that strengthens trust and accountability. They also encourage a one-team approach built on respect, effective communication, collaboration and shared responsibility.

In addition, the Strategic Plan reflects the major shifts shaping government financial management, moving beyond institutional service enhancement and internal efficiency improvements towards a stronger focus on customer experience, Zero Government Bureaucracy and operational excellence. It also advances the transition from developing digital infrastructure and using artificial intelligence as an enabling tool to fostering deeper integration and collaboration across government entities.

Transformative shift in government financial management

The Plan also marks a transition from a centrally managed public finance model towards a more collaborative and integrated approach that places greater emphasis on partnerships and cross-government cooperation. It advances the shift from financial resilience focused on crisis response and recovery to a proactive and sustainable model that embeds both financial and institutional resilience as core principles for navigating future challenges and change.

At the same time, the ministry will continue to invest in capability development and future skills, while expanding these efforts across federal entities and placing greater emphasis on empowering young talent. This approach will strengthen human capital readiness and support the long-term sustainability of government performance across financial and economic sectors.

Enhancing government services and elevating customer experience represent a central pillar of the Ministry’s Strategic Plan 2027–2029. The Ministry is leading the transition towards proactive and sustainable fiscal policies while maximising the efficiency of federal government financial resource management.

The Ministry will design and implement projects that enhance service quality and customer satisfaction for its key stakeholders, including federal government entities, private-sector partners, citizens and residents.

As part of this transformation, the Ministry seeks to unify and enhance customer journeys across all digital channels, ensuring the delivery of seamless, efficient and user-centric services that promote the highest levels of satisfaction and trust. The Ministry is also advancing the development of smart government financial services powered by data and artificial intelligence, enabling innovative solutions that anticipate customer needs and improve service delivery.