The UAE Ministry of Finance has announced that it will create a new framework to strengthen public-private partnerships and sustainable economic development
According to Amac News: The Ministry of Finance of the UAE has said that the new framework will play an important role in the socio-economic development of the UAE.
The Ministry strives to develop and manage integrated and effective strategies and its impact on various aspects of the national economy, to strengthen cooperation and dialogue between the public and private sectors.
The UAE Ministry of Finance is also working to improve governance frameworks to maintain the efficiency and flexibility of government work and develop its tools.
The Ministry of Finance continues its efforts to establish a public-private partnership framework and create a legal infrastructure that effectively helps protect the rights of all parties.
The purpose of this framework is to encourage the private sector to participate in development and strategic projects and to regulate the partnership between the federal public sector and the private sector in the country.