Further training and a development of IT resources are among a 12-point financial plan released by the government of Abu Dhabi on Monday. The Department of Finance (DoF) said the five-year scheme was designed to fit in with the economic aims of the Emirate’s overall policy agenda.
The new strategy was unveiled at the Emirates Palace by His Excellency Hamad Al Hurr Al Suwaidi, the department’s undersecretary, and His Excellency Mohammed Sultan Al Hameli. HE Hamad Hurr Al Suwaidi said the objectives were
“to provide the community with the highest standards of living and economic prosperity.”
The document is likely to draw the attention of real estate investment professionals with interests in Abu Dhabi, which is expected to hit a GDP of $300 billion ( by 2025 ) by development of non-oil sectors.
HE Hamad Hurr Al Suwaidi added:
“The DoF Strategic Plan supports the Abu Dhabi government’s policy agenda to achieving economic growth by providing financial best practices.“It signals the proactive participation of the DoF in the overall developmental goals of Abu Dhabi, which will be marked by the three key pillars of competitiveness, excellence and pioneering initiatives.”
The 12 priorities call for implementing the latest technologies, further boosting the skills of DoF employees, adopting world-class financial and accounting systems, providing policy advice to government, and aligning strategy with financial planning and budgeting.
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