Next week, Dubai’s Ministry of Finance will host a groundbreaking conference focused on financial foresight, the first of its kind in the region. The “Dubai Government Financial Foresight Forum” is set to take place online this coming Monday, featuring a lineup of distinguished officials from various government sectors in the emirate.
The forum aims to highlight the forward-looking initiatives launched by the ministry and to educate government entities on the significance of incorporating foresight methodologies into financial management. A key presentation will include an insightful study titled “The Future of Taxation in the Age of Artificial Intelligence and Robotics 2050.”
Additionally, the event will unveil the “Financial Foresight Guide for the Dubai Government,” along with the announcement of the establishment of the “Dubai Government Financial Foresight Network,” which aims to foster collaboration among different governmental organizations in this field.
Abdul Rahman Al Saleh, the director general of Dubai Finance, emphasized that the forum serves as a unique platform uniting various government bodies under one roof, providing an opportunity to showcase the finance department’s leadership in anticipating the future of public financial management. He noted that enhancing the culture of foresight contributes to improving governmental efficiency and readiness to tackle future transformations.
Furthermore, Aref Ahli, the executive director of the Planning and Budget Sector at Dubai Finance, reiterated that foresight is a crucial tool for strategic planning and shaping the future. He highlighted Dubai Finance’s commitment to assisting its governmental partners in adopting this approach to achieve a more agile and sustainable financial system.