HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, UAE Deputy Prime Minister and Minister of Finance, has launched the UAE Ministry of Finance Strategic Plan 2027-2029, introducing a new government framework to enhance public financial management efficiency and align fiscal policy with the UAE’s next development phase.
The Finance Strategic Plan aims to strengthen national competitiveness, advance sustainable growth, and modernize government financial systems through innovation, digital transformation, and strategic partnerships.
Core institutional values of Finance Strategic Plan
The Strategic Plan is built on six institutional values:
These principles aim to improve decision-making speed, strengthen governance, enhance resource efficiency, and promote a collaborative government culture based on accountability and trust.
Strategic drivers and national alignment
The Finance Strategic Plan is guided by the vision of the UAE leadership and aligns with national frameworks including UAE Centennial 2071, We the UAE 2031, federal strategies, and national development plans. It also takes into account stakeholder expectations, international benchmarking, and global trends in public finance, sustainability, innovation, and digital transformation.
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The Finance Strategic Plan seeks to build a more agile and proactive government financial ecosystem capable of adapting to changes in the global economy while strengthening public finance readiness and advancing institutional, human capital, and digital capabilities. It also reflects a broader shift toward enhancing customer experience, supporting the Zero Government Bureaucracy initiative, and accelerating the integration of artificial intelligence and digital technologies across government entities.
Transforming government financial management
Through the Finance Strategic Plan 2027-2029, the Ministry of Finance aims to deliver a transformative shift in government financial management and reinforce its position as a leading government entity in adopting advanced technologies.
The Finance Strategic Plan supports the transition from a centrally managed public finance model to a more collaborative and integrated approach based on partnerships and cross-government cooperation. It also advances a proactive and sustainable model of financial resilience that embeds institutional readiness and long-term sustainability into government operations.
In parallel, the ministry will continue investing in capability development, future skills, and youth empowerment to strengthen human capital readiness and support sustainable government performance across financial and economic sectors.
Customer experience and digital transformation
Enhancing government services and customer experience is a central pillar of the Finance Strategic Plan. The Ministry of Finance will continue leading efforts to develop proactive and sustainable fiscal policies while improving the management of federal financial resources.
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The ministry aims to deliver seamless, efficient, and user-centric services by unifying customer journeys across digital channels and expanding the use of data-driven and AI-powered solutions. These initiatives are designed to improve service quality, increase customer satisfaction, and build greater trust among federal entities, private-sector partners, citizens, and residents.
Among the flagship projects supporting this transformation are the Smart Legal Research tool, the acceptance of digital currencies for federal service fees, AI-enabled government procurement, the National Assistant for Financial Analysis, the Federal Government Enterprise Resource Planning (ERP) System, and the Smart Digital Strategic Partnerships Platform.
Shift toward proactive and predictive services
As part of the new strategy, the Ministry of Finance plans to move beyond traditional responsive service delivery and adopt proactive and predictive services capable of anticipating needs before they arise.
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This transformation is intended to help federal entities forecast requirements more effectively, improve resource planning, and strengthen financial decision-making. By leveraging advanced analytics, artificial intelligence, and forecasting tools, the ministry aims to deliver services before they are requested, reduce administrative burdens, lower operational costs, and improve overall efficiency.
Key initiatives supporting this shift include the Smart Predictive Budgeting Platform, the Integrated Smart System for Government Revenue Management and Financial Analysis, the Federal Government Monetary Forecasting Platform, and the Federal Program for Smart and Sustainable Management of Government Assets and Enhanced Governance.
HH Sheikh Maktoum bin Mohammed said the Finance Strategic Plan marks a major milestone in the UAE’s government financial ecosystem.
HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum First Deputy Ruler – Dubai Deputy Prime Minister -UAE Minister of Finance – UAE
“This Finance 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. Fiscal policy will continue evolving to support national priorities and quality of life. The new Finance Strategic 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.”
He also emphasized investment in national talent, advanced technologies, and innovation to ensure long-term sustainability and adaptability of the financial ecosystem.
Ministry outlines strategic direction
HE Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, said the Finance Strategic Plan marks a new phase in government financial management focused on readiness, sustainability, and partnerships. He added that the ministry will prioritise innovation, talent development, and data-driven decision-making to improve efficiency and outcomes.
Core institutional values
The Finance Strategic Plan is built on six institutional values:
Proactiveness
Agility and efficiency
Partnership and integration
Innovation and leadership
Integrity and transparency
Teamwork
These principles aim to improve decision-making speed, strengthen governance, enhance resource efficiency, and promote a collaborative government culture based on accountability and trust.
Strategic objectives and enablers
The Finance Strategic Plan establishes three overarching objectives for the next phase of the ministry’s development: strengthening fiscal sustainability and resilience, achieving global leadership in government financial performance, and reinforcing the UAE’s international standing through impactful strategic partnerships.
To achieve these goals, the ministry will focus on designing proactive and sustainable fiscal policies, maximising the efficiency of government financial resource management, and expanding international financial and economic cooperation.
Implementation of the strategy will be supported by two key enablers. The first focuses on attracting, empowering, and retaining top talent while enhancing institutional services and digital infrastructure. The second centers on strengthening innovation, future readiness, and the adoption of artificial intelligence and strategic foresight across the ministry’s operations.
