"Finance" The 2027 -2029 budget course launches a flexible vision that supports sustainability and employs artificial intelligence

Dubai, July 16/ WAM/ The Ministry of Finance launched the general budget course for the Federation for the years 2027-2029, in a new step within the continuous development of the government financial system in the country, in order to enhance financial sustainability and keep pace with the directions of the rational leadership towards a more flexible and innovative future, so that this course is an extension of the development of the general budget from just an annual planning tool to an advanced strategic tool that contributes to enabling the entities Federalism is to achieve its goals efficiently and effectively.
This came in conjunction with the release of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, may God bless him, the new strategic planning course for the federal government “towards achieving the vision of the UAE 2031”, reflecting the government’s commitment to integrating efforts and enhancing coordination to achieve the target of the future state.
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Governor of Dubai, Deputy Prime Minister and Minister of Finance, stressed that the 2027-2029 budget session represents a basic pillar in the march of developing the public finances of the state, within a government approach based on pre -eminence, flexibility and integration between policies.
His Highness pointed out that the Ministry of Finance is working to reformulate the budget role from being a framework for allocating resources, to an engine to achieve major national goals, including promoting global competitiveness, accelerating digital transformation, and consolidating the state’s position as an advanced global financial center.
His Highness said: “The achievement of the UAE Centennial Endowment 2071 requires a financial system capable of keeping pace with the rapidly and internationally rapid changes, and directing government spending towards future opportunities. Therefore, the ministry invests smart tools, advanced analytical models, combining financial competence with the quality of impact, and supports building decisions based on data, and based on the state’s developmental and economic priorities And societal … Our vision is that the federal budget be a strategic tool for future readiness, which enhances the sustainability of growth, and elevates government services to unprecedented horizons. “
This launch comes after four consecutive strategic sessions, during which the total budget of the Federation amounted to about 900 billion dirhams, and was based on ambitious national priorities, as the ministry succeeded during this period in establishing firm rules for financial governance, by strengthening the legislative and regulatory structure, expanding international partnerships, developing advanced digital financial systems, preserving stable levels of the local public debt that has reached 62.1 billion dirhams only by the end of June 2025, as well as the growth of the assets of the federal government to reach about 464.4 billion dirhams by the end of 2024, in a clear indication of the strength of the state’s financial situation.
The budget course is 2027-2029 at the top of its priorities, the sectors that directly affect the lives of citizens and residents, such as education, health care, social benefits, and basic government services associated with it, and this course reflects a renewed vision based on enabling government agencies to provide high -quality services efficiently and flexible.
The enhancement of investment in these vital sectors is a fundamental step in the march of sustainable national development, and a major support for achieving the “Emirates 2071 Centennial” targets, as the new session keeps pace with the aspirations of society and the state’s directions by directing resources in order to achieve the maximum development, social and economic impact, supported by digital tools and artificial intelligence that enhances the accuracy of planning, speed of achievement and quality of services.
In turn, His Excellency Muhammad bin Hadi Al -Husseini, Minister of State for Financial Affairs, stressed that the 2027 -2029 budget course starts from a firm base of financial achievements, and with a more flexible vision based on government empowerment and integration between strategy and performance indicators, and is harnessing artificial intelligence as an effective tool to support sustainable development, explaining that the ministry is working to transform the budget from a mere financial instrument to a flexible strategic tool, The government agencies enables to raise their efficiency, enhance government performance quality, and support the achievement of “Emirates Centennial 2071”.
His Excellency said: “The qualitative transformations that the Ministry witnessed in recent years were not limited to the legislative and digital aspect, but also included a comprehensive redesign of the budget preparation experience, which was to reduce the preparation steps from 50 to 10 steps only, and the shortcut of government purchase courses from 60 days to less than 6 minutes, which constitutes a real jump in accelerating performance and raising institutional efficiency. The Ministry of Finance is no longer a party Supervisor, but also an enabled body, which contributes to enhancing the readiness of the federal authorities and enabling them to fulfill their role efficiently and innovation, within an integrated digital system, which places the customer satisfaction and the quality of achievement at the forefront of priorities.
The new budget course for the Federation 2027-2029 represents a qualitative shift towards smart financial management, as it depends on modern tools and proactive methodologies, based on integration between performance and results, and harnessing artificial intelligence techniques to support decision -making and allocating resources with higher accuracy, financial planning today has become more than mere digital estimates, but a smart system that provides scenarios that predict it, which contributes to accelerating Achievement and integration of operations, enables access to accurate and unified data and supports the speed and efficiency of financial decision -making.
With this trend, the budget becomes an enabling tool that supports operational efficiency, enhances financial sustainability, and establishes the position of the UAE as a global model in developing public finances.
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