MoF honors its key and strategic partners for the year 2012
In an effort to further develop and strengthen its relations with its partners, the Ministry of Finance (MoF), represented by the resources and budget sector; held today a special ceremony in Dubai to honor its key and strategic partners of the UAE governments for 2012. HE Saeed Rashid Al Yateem, Assistant Undersecretary for Resources and Budgets at MoF, departments’ managers and their staff, along with the representatives of key and strategic partners attended the ceremony.
The ceremony included a review of the most prominent projects included in the sector’s strategic plan for 2012. Additionally, it highlighted the accomplishments that were illustrated in launching the Emirates Gate of GFS reports and the holding of a number of meetings on the development of revenue and the organising of the fiscal policy.
HE Al Yateem praised the efforts of MoF’s key and strategic partners in supporting the Ministry in achieving optimum utilization of financial resources in the federal government besides raising the level of the practices and financial legislation efficiency in the UAE. HE also stressed on the importance of joint action, which in turn strengthens the Ministry’s ability to achieve its objectives and its strategic vision, thus contributing to the activation of sustainability and excellence of the UAE on the international level.
HE said: "At the Ministry of Finance, we believe in the principles of consultation and mutual cooperation with all our partners, both in the public or private sector; which has had a deep impact on successfully implementing various projects and financial plans at the federal and local levels."
At the end of the ceremony, the representatives of key and strategic partners applauded their relationship with MoF, as it provides opportunities for the development of the mechanism of action and spur innovation and production to reach rewarding results that go in line with the aspirations of the UAE.
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.