His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, reviewed the Ministry of Finance’s yearbook 2023, which tracks the Ministry’s most notable achievements, its financial statements, and national initiatives and projects, 2024- Including the approval of the Union budget for the years 2026, of 192 billion dirhams.
His Highness said on the official account of the “X” platform: “I reviewed the yearbook of the Ministry of Finance for 2023, which tracks the Ministry’s most notable achievements, its financial data and national initiatives and projects. Including the approval of the Union budget for 2024-2026, amounting to 192 billion dirhams, and the launch of the 2023-2026 Ministry of Finance’s strategic plan. The UAE’s achievement in the global competitiveness indicator was also reviewed and it has achieved first place in the world in 4 indicators, including the lack of government spending, the balance of the government’s budget and gross domestic product. level and the adaptability of the government’s policy, in addition to achieving the third position in the general government debt index.
His Highness added: “2023 saw unprecedented successes, including the launch of a new $1.5 billion sovereign bond package and other achievements that the Treasury team helped achieve.”
His Highness continued, saying: “These achievements help direct the government’s budget to economically and developmentally vital sectors and provide the right legislative structure for business growth with the directives of His Highness Mohammed bin Zayed Al Nahyan and the Sheikh. Mohammed bin Rashid Al Maktoum, We will continue to build financial growth based on sustainability and breadth, and strengthen our global financial leadership, God willing.”
