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How the Department of Finance in Ajman is responding to the pandemic

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It has rolled out four economic stimulus packages aimed at mitigating the potential impact of the current economic situation caused by the pandemic

The Department of Financial Affairs of the Government of Ajman was established by Amiri Decree No. (8) 2002, and in 2010, it was restructured to become the Department of Financial and Administrative Affairs under the Amiri Decree No. (4) of 2010. Following that, it was restructured to the Department of Finance by Amiri Decree No. (15) of 2012.

The Department of Finance plays a key role in providing outstanding financial services by leading the financial affairs of the emirate, preparing and implementing the general annual budget of Ajman government, issuing the final government accounts and monitoring the collection of public revenue and financial performance of related government agencies, which contribute to the sustainable development of Ajman and boost the overall competitiveness of the UAE.

The Department of Finance also leads the development of governmental resources in cooperation with the concerned government agencies, passes bills of law and local decrees related to financial affairs, provides consultation and technical support to the emirate’s government agencies in matters related to the Unified Financial System of the emirate.

In an effort to support the emirate’s economic sector, the Department of Finance Ajman has rolled out a series of economic stimulus packages aimed at mitigating the effects of the pandemic, supporting economic stability and promoting business continuity. This is achieved through the facilities provided to the beneficiaries of the government services as well as by diverting investments toward developmental initiatives that support the local economy, especially small and medium-sized enterprises (SMEs)

Furthermore, Ajman Pay has played a significant role in facilitating those procedures for the use of the beneficiaries by providing multiple revenue collection channels using innovative technical solutions, reliable partnerships and supportive policies and legislation. 

Additionally, the Department of Finance has developed new technical tools to manage and classify all government fees and services, develop a system to manage the cash centrally to measure liquidity and enhance government forecasts.   

In terms of business continuity, the Department of Finance has implemented all precautionary and preventive measures to continue providing services at authoritative levels in the emirate while maintaining the health and safety of its government employees. This was made possible by implementing remote working policies and continuous investments in training and elearning services. This was carried out by launching various virtual sessions through elearning portal which enabled the government’s employees to attend workshops and training courses held by the Financial Portal.

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