The Ministry of Finance (MoF) launched today its Strategy Preparation Project for years 2014-2016 (the third phase of its strategy), as per the requirements of the UAE cabinet. The launching ceremony was held at MoF’s premises in Abu Dhabi and was attended by HE Younis Haji Al Khouri, Undersecretary of MoF in addition to the presence of a number of officials from Federal and local government bodies and strategic partners.
HE Al Khouri officially launched the project, following the introductory presentation given about the preparations held by the ministry to setup a strategy in accordance with organizational standards of excellence. The presentation also highlighted and the key steps required to commence preparing the Ministry’s strategy for the years 2014 – 2016. The ceremony also showcased the general framework of the strategy, the suggested timeline for implementation and its planning phases, where a preliminary draft of the strategy will be submitted to the Cabinet.
The launching session also included discussions between MoF’s higher management members with officials from government entities and the strategic partners who attended the session. The discussions focused on the requirements of preparing MoF’s strategic plan and the best global practices in this field. The attendees recognized MoF’s important role in supporting economic development and international financial relations. Attendees also provided some suggestions and requirements which will help MoF in developing its strategic plan.
The session was attended by representatives from the Prime Minister’s Office, Ministry of the Interior, Ministry of Labor, Ministry of Foreign Affairs, Ministry of Economy and the Ministry of Health, in addition to the Departments of Finance in Abu Dhabi and Dubai, the UAE Central Bank, the General Pension & Social Security Authority, Emirates Investment Authority, Emirates Identity Authority, Emirates Post Holding Group, National Bank of Abu Dhabi, and Telectron and Dante.
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