The UAE Ministry of Finance organises a forum for its strategic partners in Dubai
The UAE Ministry of Finance (MoF) recently organised a forum for its strategic partners in Dubai to discuss for the third phase of its strategy for the years 2014-2016. The event was attended by officials from more than 26 parties from ministries and federal institutions, independent service federal agencies and financial departments of the local governments, as well as other concerned authorities.
The forum aimed to limit and take into account the needs and requirements of MoF’s partners while preparing the new Strategic Plan for 2014 – 2016. It emphasized MoF’s keenness to communicate with partners and allowed the Ministry to create a dialogue with them to deliberate their suggestions for the development of the next strategic plan.
The Forum covered the main relationship axes that unite the Ministry of Finance and its partners in terms of the level of coordination between them and the quality of services provided by the Ministry . In addition, it shed light on important features as well as any limitations of the relationship between the Ministry and its partners in order to manage them effectively when preparing for the next strategic plan.
Faisal Al Mansouri, Director of Strategic Planning and Performance Department at MoF, highlighted how keen the Ministry is to strive towards enhancing the mutual cooperation with its partners to achieve the UAE’s government vision of being one of the best countries in the world by 2021. He also confirmed the Ministry of Finance’s intention of working towards transforming this forum into a sustainable mechanism between the Ministry and its partners so that it be held every six months to review its performance and enhance cooperation and operational coordination.
Background Information
UAE Ministry of Finance
The UAE Ministry of Finance (MoF) is responsible for implementing all fiscal, monetary and industrial policies related to the UAE’s economic development. Among its core responsibilities are the preparation and allocation of the Federal Budget and the management of the government’s financial position.