Leaders Of Finance Initiative Launched To Empower Emirati Youth In Public Finance Leadership

The Ministry of Finance (MoF) has introduced the "Leaders of Finance" initiative as part of the "Youth Financial Advisors" Programme. This initiative is designed to nurture a financially savvy generation capable of steering future developments and fulfilling the Year of Community's objectives. It aims to provide Emirati youth with practical experience in government finance, equipping them with essential skills for leadership roles in public finance.

Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, stated, "The ‘Leaders of Finance’ initiative is part of the Ministry of Finance’s ongoing efforts to strengthen community participation in the national development journey. It will also contribute to achieving the objectives of the Year of Community by empowering Emirati youth and preparing them to be partners capable of leading the future of the financial sector in the country."

Dr. Sultan bin Saif Al Neyadi, Minister of State for Youth Affairs, remarked that this initiative reflects the UAE's dedication to creating an environment where youth can gain practical financial knowledge. He said, "The ‘Leaders of Finance’ initiative, launched under the umbrella of the ‘Youth Financial Advisors’ Programme, reflects the UAE’s steadfast commitment to providing an empowering environment that supports youth in gaining practical experience and financial knowledge essential for developing their leadership capabilities."

The programme is a collaborative effort involving several entities like the Federal Youth Authority, Central Bank of the UAE (CBUAE), and Securities and Commodities Authority (SCA). It aims to certify young Emiratis as financial advisors who can effectively educate on finance, promote saving habits, and leverage investment opportunities within the UAE market.

The "Leaders of Finance" initiative offers participants a chance to engage directly with ministry leaders and experts. This interaction provides insights into how public finance supports economic growth and stability. The programme includes field visits to prominent institutions such as Dubai Department of Finance and Abu Dhabi Department of Finance.

Al Neyadi highlighted that young Emiratis are at the forefront in building a generation skilled in investment and saving. He noted that empowering youth in these areas enhances family roles as contributors to the economy while fostering financial literacy for responsible decision-making.

Programme Structure and Goals

The programme spans two weeks in November. The first week focuses on comprehensive learning about budgeting, tax legislation, and international financial relations through sessions led by various ministry sectors. The second week involves field visits offering practical exposure at both local government entities and global institutions like World Bank Group.

Al Hussaini emphasised that this initiative combines theoretical knowledge with practical work across key sectors such as budgeting and tax law. Participants will explore areas like public debt management and digital transformation projects.

Strategic Financial Thinking

This initiative seeks to cultivate strategic financial thinking among participants by deepening their understanding of government finance systems. It also aims to enhance public awareness about MoF's role in driving sustainable economic growth through strategic decision-making skills.

The programme aligns with National Youth Agenda 2031 goals by reinforcing youth's pivotal role in shaping UAE's financial future confidently through comprehensive learning platforms.

Al Hussaini added that preparing new financial leaders is crucial for UAE’s future. He said these young minds will lead in planning finances, managing resources, and developing innovative solutions for future challenges.

With inputs from WAM