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MoF launches guide to ensure resilient, sustainable economic growth in UAE
The UAE's Ministry of Finance recently launched a comprehensive framework for its public sector to implement financial sustainability.
The UAE’s Ministry of Finance (MoF) introduced the “Financial Sustainability Standards Guide in the Federal Government” during a meeting at the Sustainability and Innovation Centre in Dubai.
Rooted in the UAE Sustainable Finance Framework, the guide adopts a dual approach, addressing socio-environmental risks while advancing sustainable projects across various sectors. It aims to embed sustainability into public sector operations, leveraging UAE-centric financial practices inspired by global best practices.
By prioritizing financial sustainability, the UAE seeks to fortify its economy, ensuring long-term stability and growth of its financial resources. The meeting, attended by MoF representatives and federal entities, underscored the country’s forward-looking vision for cultivating robust financial systems.
Mariam Mohamed Al Amiri, Assistant Undersecretary of the Government’s Financial Management Sector at the Ministry of Finance, emphasized that these initiatives highlight “the resilience of our [UAE] national economy and will ensure sustainable development for future generations.” She noted that UAE government entities are now better equipped to regulate financial firms operating within the country and implement frameworks that enhance transparency and efficiency in resource management.
The meeting outlined five core themes underpinning the financial sustainability framework, focusing on the importance of regulatory measures and the development of efficient systems to promote financial sustainability across sectors.
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