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UAE launches new finance strategy centered on AI-driven governance and fiscal sustainability

The Ministry of Finance's 2027–2029 plan prioritizes AI-driven services, fiscal resilience, and global partnerships

[Source photo: Krishna Prasad/Fast Company Middle East]

The UAE has launched a new finance strategy aimed at improving fiscal sustainability, enhancing government efficiency, and supporting its long-term economic goals.

Announced by Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance, the Ministry of Finance’s 2027–2029 Strategic Plan outlines a roadmap focused on agile fiscal policies, AI-powered services, and data-driven decision-making.

The strategy seeks to modernize government financial operations while enhancing customer experience through proactive, technology-enabled services. According to Sheikh Maktoum, the plan is designed to support long-term economic resilience while expanding opportunities for international financial and economic cooperation.

“We launched the Ministry of Finance’s 2027–2029 Strategic Plan, guided by a future-focused vision that enhances the efficiency of government financial operations and reinforces the UAE’s global leadership,” Sheikh Maktoum said in a post on X.

The plan is built around six strategic objectives: strengthening fiscal sustainability and resilience, maximizing the efficiency of government financial resource management, achieving global leadership in government financial performance, developing proactive and sustainable fiscal policies, reinforcing international partnerships, and expanding avenues for global financial cooperation.

“The strategic plan is built on an integrated vision that adopts agile and innovative fiscal policies and solutions, while elevating customer experience through proactive, data-driven and AI-powered services. It also strengthens impactful partnerships and expands avenues for financial and economic cooperation,” Sheikh Maktoum said.

A key pillar of the strategy is the adoption of advanced technologies, including artificial intelligence and data analytics, to improve service delivery and support more informed policymaking.

The initiative aligns with the UAE’s broader ambition to build a future-ready economy and strengthen its competitiveness as a global hub for business, investment, and innovation.

Sheikh Maktoum also emphasized that the strategy builds on the development vision established by the late Sheikh Zayed bin Sultan Al Nahyan, placing people at the center of the country’s long-term growth agenda.