The Ministry of Finance today announced the launch of the 'Financial Leaders' initiative as part of the 'Young Financial Advisors' program, launched by the Federal Youth Corporation in partnership with the Ministry, the Central Bank of the United Arab Emirates, the Securities and Commodities Authority, and a number of national and private entities, to qualify Emirati youth as accredited financial advisors.
The initiative comes within the framework of the Ministry of Finance's commitment to supporting national initiatives that enhance building a financially aware generation capable of leading the future, and its contribution to achieving the goals of the Year of Community.
The 'Financial Leaders' initiative aims to empower a select group of Emirati youth to undergo a comprehensive practical experience within the government's financial system, and to acquire the knowledge and skills that qualify them to take on impactful leadership roles in the public finance sector, in line with the requirements of the national economy and enhancing the country's global competitiveness.
Mohammed bin Hadi Al-Husseini, Minister of State for Financial Affairs, stated that the 'Financial Leaders' initiative comes within the framework of the Ministry of Finance's commitment to enhancing community participation in the national development journey and its contribution to achieving the goals of the Year of Community by empowering Emirati youth and preparing them to become partners capable of leading the future of the country's financial sector, as youth are the cornerstone of development and the foundation of progress sustainability, and we seek through this initiative to open new knowledge and professional horizons for them that enable them to build leadership paths within the government's financial system.
Al-Husseini added: 'This initiative represents a practical translation of the Ministry's vision in developing the national human capital, by providing a comprehensive experience that integrates theoretical knowledge with practical application within various sectors of the Ministry of Finance, such as the budget and revenues, public financial administration, tax legislation, and international financial relations, to get acquainted with important files within the scope of the Ministry's work, including the public debt and digital transformation, and this experience represents a unique opportunity for youth to interact with the leadership and experts in the Ministry, and to acquire an in-depth understanding of the role of public finance in supporting economic growth and achieving the country's financial stability.'
He affirmed that preparing a new generation of financial leaders is a strategic investment in the future of the United Arab Emirates, as these young people will lead in the future the files of financial planning and public resources management and envisioning innovative solutions to future challenges, and with the concerted efforts between the Ministry of Finance and the Federal Youth Corporation, we are moving confidently towards establishing a leading Emirati model in empowering youth and employing financial knowledge to serve sustainable development and enhance the country's global competitiveness.
In turn, Dr. Sultan bin Saif Al-Niyadi, Minister of State for Youth Affairs, stated that the 'Financial Leaders' initiative, as part of the 'Young Financial Advisors' program, reflects the country's commitment to providing an enabling environment that supports youth and empowers them to acquire practical experience and the necessary financial knowledge to develop their skills and leadership capabilities, as this type of programs is a true translation of the country's directions and the leadership's vision to empower youth and qualify them to be active partners in shaping the country's future and achieving sustainable development.
Al-Niyadi added that this step reflects the importance of cooperation and integration between government entities to qualify youth and empower them in the field of financial culture, in line with the country's directions to provide them with the knowledge and tools that qualify them to make strategic financial decisions, especially as this initiative comes within the national joint efforts to achieve the goals of the National Youth Agenda 2031 through the economy pillar, which consolidates the role of youth in leading the country's financial future with confidence and efficiency, through comprehensive youth platforms for learning and practical training.
He noted that Emirati youth today are the cornerstone for building a generation of financial leaders capable of outlining the future in the fields of investment and savings, and increasing community financial awareness, as empowering youth in these areas enhances the role of the family and society as a fundamental source that supports the national economy by consolidating the financial culture among individuals and empowering them to make responsible financial decisions that contribute to sustainable development.
The initiative also aims to enhance national financial awareness by introducing participants to the scope of the Ministry of Finance's work and its role in sustaining the financial resources of the government, in addition to providing practical experiences that link theoretical knowledge with real-world practices in government institutions, and providing opportunities for direct interaction with leaders and experts within the Ministry, and enabling youth to broaden their horizons through local and international partnerships and field visits to a number of government bodies and international financial institutions.
The 'Financial Leaders' initiative is scheduled to be implemented during the current November over two consecutive weeks, where the first week will include a comprehensive program presented by the sectors of the Ministry of Finance, including the budget and revenues, public financial administration, tax legislation, and international financial relations, while the second week will include field visits to government bodies and international institutions, including the Dubai and Abu Dhabi Finance Departments, the World Bank, and the International Finance Corporation, which allows participants to have a comprehensive experience that combines theoretical knowledge with practical application.
