Ministry of Finance: Hamdan bin Rashid ... a pioneering march in promoting the position of the UAE and the sustainability of financial resources

The Ministry of Finance called out hearts full of sadness, sorrow and faith in the judgment of God and his destiny, and his loss and the death of the nation, the late Sheikh Hamdan bin Rashid Al Maktoum, who moved next to his Lord this morning.

The family of the Ministry of Finance, with its leadership and all its employees, sent their sincere condolences and sympathy to His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai, and the family of the honorable Al Maktoum and all the people of the United Arab Emirates, asking God Almighty to bless the deceased Abundant of his mercy and forgiveness, and to dwell in his spaciousness, and to inspire his family and his relatives patience and solace.

The late has had pivotal contributions in the process of drawing and developing the financial policies of the UAE since the founding of the federation until today, to meet the requirements of sustainable economic and social growth, improve the effectiveness of financial planning and implementation of the federal budget, unify policies, and direct public spending to support economically vital sectors. To develop the efficiency of cash management through the orientation to the zero-budget and accrual-based accounting principles, in addition to focusing on developing and ensuring the sustainability of the financial resources of the federal government, and stimulating the process of sustainable development within all vital sectors.

He left his eternal fingerprints in the field of consolidating the bonds of Gulf cooperation to achieve economic integration between the countries of the Gulf Cooperation Council, as he was keen on the need for the Ministry to represent the UAE in regional and international forums, events and conferences related to the financial field, and to maximize the use of technical and financial support services provided by organizations and institutions And regional and international agreements for the country and the region, as well as its role in stimulating the signing of tax agreements and agreements to protect and encourage investment.

The Ministry of Finance affirmed that these unprecedented accomplishments will constitute an incentive for the ministry’s team to continue to work with all its strength and capabilities to continue the march of achievements, build the future, development and prosperity that we have returned to the late God willing, and achieve his vision of the ministry’s leadership globally, and raise the stature and competitiveness of the UAE in the financial fields. Economic and social development to build a bright and promising future full of goodness, hope, achievement and happiness.

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