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– Results and achievements that establish its leading position globally in the field of government financial work.
Muhammad Al-Husseini: The Ministry of Finance, since the establishment of the federation, has sought to be a leading model and global reference for best practices in government financial work.
– The Ministry of Finance plays a leading and influential role at the national level in the field of strategic management of public finances.
– The annual report monitors the ministry’s achievements, initiatives and participations during 2022.
– The report includes the results and performance of the ministry within the various national initiatives and projects and international partnerships.
ABU DHABI, July 3 / The Ministry of Finance launched its annual report for the year 2022, entitled “Achievements that Shape the Future of Financial Leadership”, through which it monitors the results of its performance within the various national initiatives and projects and international participations.
The report included the most prominent achievements of the ministry, the leadership councils and committees, and the strategic objectives.
His Excellency Mohammed bin Hadi Al Husseini, Minister of State for Financial Affairs, indicated that the Ministry of Finance has been striving, since the establishment of the federation, to be a pioneering model and global reference for best practices and international standards in the field of government financial work, and is working to continue achieving excellence and leadership in all areas of its work, by relying on innovation as a solid approach. and a basic pillar in the development and implementation of its policies and objectives, towards achieving sustainable financial and economic growth.
His Excellency stressed that the Ministry of Finance harnesses all potentials and capabilities to achieve government visions and directions, in a way that supports the country’s position and competitiveness, as the ministry was distinguished by applying an effective and advanced government financial work system, and playing a pivotal role in managing, enhancing and diversifying financial resources, which in turn contributes to advancing economic and social development. sustainable.
His Excellency said: “The Ministry of Finance played a leading and influential role at the national level in the UAE in the field of strategic management of public finances, which contributed to strengthening the financial planning of the federal government and achieving the financial and economic sustainability of the state.
His Excellency added: “We, in the Ministry of Finance, will continue to work to achieve our goals and aspirations, and add new achievements and successes to our track record, to contribute to strengthening the country’s march towards the future and achieving the goals of the UAE Centennial 2071, to be the best country in the world by the centenary of the establishment of the UAE.”
Enhancing the country’s competitiveness.
During the strategic cycle (2017-2022), the Ministry of Finance achieved all its strategic goals through launching and implementing proactive and innovative projects, plans and initiatives at the level of the government and private sectors of the UAE. The financial performance of the federal government, and enhancing the efficiency of government financial procedures. The Ministry of Finance has had and continues to play an influential role in enhancing the UAE’s global competitiveness in the financial, economic and investment fields.
A budget that supports sustainable development.
The annual report for 2022 revealed that the Ministry of Finance has achieved a number of important achievements. Including the adoption of the Federation’s budget for the fiscal year 2023 in a way that supports sustainable development within the various vital sectors in the country, and successful participation in international meetings such as the G20 meetings and the annual meetings of the World Bank Group and the International Monetary Fund, in addition to its work to establish the corporate tax system in the country, as well as its launch For government bonds denominated in UAE dirhams.
An influential role in the global arena.
His Excellency Mohammed bin Hadi Al Husseini, Minister of State for Financial Affairs, was elected Chairman of the Development Committee within the Ministerial Forum of the World Bank Group, in appreciation of the UAE’s efforts and valuable contributions to advancing sustainable development around the world.
The committee works on a wide range of issues of global concern, including the role of the International Monetary Fund and the World Bank Group in digital transformation initiatives, green economy and the environment, trade and policies regulating the sector, facing future crises, poverty and other issues related to development. – Improving the quality of services.
The Ministry of Finance is committed to implementing the objectives of the Emirates Government Services Strategy, as it was keen to provide customers from individuals, the business sector, and government agencies with proactive services, based on the principles of customer focus and government efficiency, to raise the country’s competitiveness in the field of service provision and achieve its vision of being the best government in the world. In government services, and indicators of confidence and efficiency, by focusing on providing advanced digital services, enhancing their efficiency, effectiveness and fully automating them to reach all customers anywhere and around the clock.
Successful posts.
The Ministry of Finance had a successful participation in the World Government Summit 2022, where His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, met a number of international leaders and officials to consolidate cooperation and consolidate the horizons of strategic partnership.
His Excellency Mohammed bin Hadi Al Husseini, Minister of State for Financial Affairs, participated in a series of sessions and held a series of meetings with finance ministers and leaders of regional and international financial organizations, which focused on important main axes related to growth and the global economic situation.
The Ministry of Finance, as a strategic partner of the World Government Summit, organized a series of dialogue sessions that shed light on the role of governments and the financial work system in building a pioneering economic model that contributes to positive impacts on the lives of societies around the world by benefiting from the latest developments and future trends.
A record rise in government revenues.
The Ministry of Finance also monitored through its report
