AI and data-led services
A key part of the strategy is the shift towards proactive and predictive government services that anticipate the needs of federal entities, private-sector partners, citizens and residents.
The Ministry of Finance plans to expand smart financial services using data and artificial intelligence, with initiatives covering procurement, budgeting, legal research, archiving, financial analysis and government revenue management.
The plan also includes projects such as Smart Legal Research, Transforming the Government Procurement Journey through Artificial Intelligence, the National Assistant for Financial Analysis, the Federal Government ERP System, the Smart Predictive Budgeting Platform and the National Observatory for Fiscal Policy and Innovation.
Sheikh Maktoum said the plan would raise the readiness and impact of government financial management.
Talent and partnerships
The plan also places strong emphasis on developing national talent, adopting advanced technologies and building a culture of innovation across the government financial system.
Sheikh Maktoum said developing national talent, leveraging advanced technologies and fostering innovation are fundamental pillars in building a future-ready financial ecosystem that can respond to change and turn challenges into opportunities.
“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,” said Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs.
“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.”
Focus on government efficiency
The Ministry said the plan is built on six institutional values: proactiveness, agility and efficiency, partnership and integration, innovation and leadership, integrity and transparency, and teamwork.
The strategy is also aligned with the UAE Centennial 2071, We the UAE 2031, federal strategies and national plans, as well as global trends in public finance, sustainability, innovation and digital transformation.
The Ministry said the plan will help move government financial management towards a more collaborative model that strengthens cooperation between federal entities, the private sector and strategic partners.
It will also support the shift from reactive service delivery to proactive and predictive services, with the aim of reducing effort for beneficiaries, improving customer satisfaction and lowering operational costs.
Nivetha Dayanand is Assistant Business Editor at Gulf News, where she spends her days unpacking money, markets, aviation, and the big shifts shaping life in the Gulf. Before returning to Gulf News, she launched Finance Middle East, complete with a podcast and video series.
Her reporting has taken her from breaking spot news to long-form features and high-profile interviews. Nivetha has interviewed Prince Khaled bin Alwaleed Al Saud, Indian ministers Hardeep Singh Puri and N. Chandrababu Naidu, IMF’s Jihad Azour, and a long list of CEOs, regulators, and founders who are reshaping the region’s economy.
An Erasmus Mundus journalism alum, Nivetha has shared classrooms and newsrooms with journalists from more than 40 countries, which probably explains her weakness for data, context, and a good follow-up question.
When she is away from her keyboard (AFK), you are most likely to find her at the gym with an Eminem playlist, bingeing One Piece, or exploring games on her PS5.
