The Federal Government Public Debt Strategy 2021-2023 aims to develop and support an efficient financial market, finance the government’s infrastructure and development projects approved by the Cabinet and diversify national financial markets amongst others.
In January 2021, the UAE Cabinet approved the Federal Government Public Debt Strategy 2021-2023, in line with its approach post-COVID-19 to improve its financial planning, achieve financial sustainability and create a competitive economy based on knowledge and innovation.
The strategy is a general framework for motivating the national financial and banking sectors, through consolidating the Emirates Investment Authority’s portfolio, establishing a bond market in the local currency and providing financing alternatives.
The strategy also aims to:
Read related news coverage on WAM.
Popular searches