The Ministry of Finance (MoF) has introduced the Financial Sustainability Standards Guide in the Federal Government at a meeting hosted at the Sustainability and Innovation Centre in Dubai. Representatives from the Ministry’s departments and federal entities participated in the event.
This initiative underscores the UAE’s commitment to embedding financial sustainability within the government sector, aligning public financial operations with the nation’s vision for sustainable development. The guide outlines core concepts and standards of government financial sustainability, emphasizing their importance and showcasing global best practices. It aims to ensure the long-term stability of financial resources, supporting the nation’s broader sustainable development goals.
Mariam Mohamed Al Amiri, Assistant Undersecretary of the Government Financial Management Sector at the Ministry of Finance, described the guide as a significant milestone in advancing sustainable development. “The Financial Sustainability Standards Guide in the Federal Government represents a qualitative leap in our efforts to achieve sustainable development. It provides an integrated framework for government entities to make financial decisions that enhance transparency and resource management efficiency, bolstering the resilience of our national economy for future generations,” she stated.
The launch event featured discussions on five central themes:
The event concluded with a tour of the Sustainability and Innovation Centre, where attendees explored the latest advancements in sustainable practices and technologies.
