Ministry Of Finance Hosts Retreat To Shape Strategic Plan For 2027–2029 Focusing On Sustainability

The Ministry of Finance (MoF) recently held a strategic retreat to draft its Strategic Plan for 2027–2029. This initiative aims to boost the sustainability of public finances. The gathering included Younis Haji AlKhoori, the Under-Secretary of the Ministry of Finance, senior officials, and international experts. Discussions focused on global trends and developments, shaping the ministry’s vision and institutional values.

AlKhoori highlighted that this retreat aligns with the federal government’s planning cycle and reflects the UAE’s priorities. He noted that past achievements in financial stability and resource management have supported national economic growth. These successes were achieved through integrated efforts and partnerships based on knowledge sharing.

AlKhoori emphasised the need for flexibility and innovation to tackle emerging global challenges. The outcomes of this retreat should focus on digitalisation, developing national talent, and expanding partnerships. Participants were urged to actively contribute to shaping a strategy that builds on past successes while preparing for future challenges.

The retreat featured interactive sessions, including workshops to design strategic goals and projects. A roundtable discussed future initiatives, while another session focused on developing institutional values. These activities aimed to enhance the ministry's readiness for future challenges while maintaining excellence in managing public finances.

The event gathered federal entities and international experts to discuss global best practices in government partnerships. The aim was to adopt innovative thinking in strategic planning. Discussions explored how to promote the ministry's readiness for future challenges while maintaining excellence in managing public finances.

A presentation highlighted the ministry’s journey of excellence, discussing major global economic trends and digital transformation's impact on the future. This participatory approach underscores the Ministry’s commitment to aligning its strategy with national priorities while leveraging diverse expertise.

Commitment to National Priorities

This approach aligns with federal directions, reaffirming the Ministry’s dedication to reflecting national aspirations and leadership vision in its strategy. The outcomes will form the basis of the next strategic cycle, ensuring alignment with the UAE’s broader vision.

The retreat concluded with a call for collaborative planning and collective responsibility. AlKhoori stressed that this comprehensive approach would ensure that the 2027–2029 strategic plan is built on shared vision, government collaboration, and commitment to excellence in public financial management.

With inputs from WAM