The UAE has launched a new national finance strategy, setting a clear course to enhance fiscal sustainability and government efficiency through agile policies and advanced technology. The plan, announced by Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance, outlines the Ministry of Finance’s strategic direction for 2027–2029.
Quick Facts
- New 2027–2029 strategic plan announced
- Focus on AI-powered services and data
- Aims for fiscal sustainability and resilience
A Roadmap for a Digital-First Economy
The new strategy serves as a roadmap to modernize government financial operations, with a strong emphasis on improving the customer experience through proactive, technology-enabled services. It is designed to support the country’s long-term economic resilience and expand opportunities for international financial cooperation.
“We launched the Ministry of Finance’s 2027–2029 Strategic Plan, guided by a future-focused vision that enhances the efficiency of government financial operations and reinforces the UAE’s global leadership,” Sheikh Maktoum stated in a post on X.
The Six Pillars of Fiscal Modernization
The plan is structured around six core strategic objectives aimed at transforming the nation’s financial framework. These include strengthening fiscal sustainability, maximizing the efficiency of government financial resource management, and achieving global leadership in government financial performance. The remaining objectives focus on developing proactive fiscal policies, reinforcing international partnerships, and expanding avenues for global financial cooperation.
“The strategic plan is built on an integrated vision that adopts agile and innovative fiscal policies and solutions, while elevating customer experience through proactive, data-driven and AI-powered services,” Sheikh Maktoum explained.
Tech at the Core of Policy
A central component of the strategy is the adoption of advanced technologies. The plan explicitly calls for leveraging artificial intelligence and data analytics to improve service delivery and enable more informed, data-driven policymaking.
This initiative is directly aligned with the UAE’s wider national ambition to build a future-ready economy and solidify its position as a global hub for business, investment, and innovation. Sheikh Maktoum also noted that the strategy continues the development vision of the late Sheikh Zayed bin Sultan Al Nahyan, which prioritizes human development in the country’s long-term growth agenda.
About the UAE Ministry of Finance
The UAE Ministry of Finance is the federal government body responsible for managing the country’s financial resources, developing fiscal policies, and overseeing the national budget to support sustainable economic growth and prosperity.
Source: Fast Company Middle East
