Ajman is at the forefront of government modernization, pioneering a
Unified Financial System (UFS) that revolutionizes how public money
is managed, allocated, and monitored. The UFS, overseen by the
Department of Finance, is a robust framework that ensures every
dirham serves Ajman’s strategic vision for sustainable and accountable
growth.
What Is the Unified Financial System?![]()
The Unified Financial System is an advanced, integrated platform for
public financial management. It enables government authorities in
Ajman to plan, implement, monitor, and report on the general budget
with unprecedented accuracy and transparency. The system offers a
single source of truth for applying the rules, policies, and operations of
financial governance across all eligible public entities in the emirate.
Legal Foundations and Applicability![]()
The UFS is anchored by a set of key regulations and decrees to
guarantee legality and rigor:
●Financial Law of the Government of Ajman (Emiri Decree №11 of
2011)
●Emiri Resolution №10 of 2011 (on government financial
authorities and amendments)
●Emiri Resolution №12 of 2011 (executive regulations for the
Financial Law)
●Resolution №128 of 2011 (Financial Policies and Procedures
Manual)
●Resolution №129 of 2011 (Government Accounting Manual)
The UFS applies to all government departments, entities, and agencies
included in Ajman’s annual general budget, as well as to any agency
with financial and administrative independence unless otherwise
specified by local legislation.
Objectives of the Unified Financial System![]()
The UFS pursues several essential aims:
●Transparency: Provide visible, traceable financial paths from
allocation to expenditure.
●Accountability: Ensure every department is responsible for its
allocated funds and expenditures.
●Rational Financial Management: Optimize the use of public
funds for maximum benefit and minimal waste.
●Regulation of Key Processes:
●Budget Preparation & Implementation: Plan and execute the
general budget efficiently.
●Final Accounts: Prepare and approve end-of-year financial
statements.
●Financial Recordkeeping: Establish fundamental standards and
practices for all financial reporting.
Rules and Regulatory Framework![]()
The Executive Regulations of the Financial Law (via Emiri Resolution
№12 of 2011) provide detailed guidelines and mandates for:
●Setting principles and procedures for public financial
management.
●Interpreting and enforcing the Financial Law’s provisions.
●Codifying roles and responsibilities for all government
departments regarding compliance, reporting, and controls.
●Establishing a comprehensive Financial Policies and Procedures
Manual, which details every financial and related administrative
process public entities must follow.
Core Processes of the System![]()
The UFS streamlines every step of government financial management:
1. Budgeting and Planning![]()
●Each department submits a proposed budget in line with Ajman’s
strategic goals.
●The UFS ensures these proposals follow standard rules and
formats, centralizing planning and enabling clear, data-driven
decision-making.
2. Budget Implementation![]()
●Funds are allocated according to the approved budget.
●Departments use the UFS platform to record, monitor, and
manage all spending activities.
3. Monitoring and Control![]()
●The system enables real-time tracking of expenditures.
●Automated alerts and checks help prevent overspending and flag
policy deviations.
4. Reporting![]()
●Comprehensive financial reports — including final accounts —
are generated directly from the UFS.
●These reports satisfy legal requirements and facilitate
transparency for audits and legislative review.
Benefits of the Unified Financial System![]()
Implementing the UFS delivers significant advantages for Ajman’s
government:
For Government Entities![]()
●Consistency: Standardizes procedures and financial reporting
across all departments.
●Efficiency: Reduces manual work, eliminates redundancies, and
accelerates processing times.
●Risk Reduction: Automated checks minimize the risk of errors or
financial mismanagement.
●Empowered Decision-Making: Real-time data enables leadership
to make informed, agile decisions.
For the Emirate and Citizens![]()
●Transparency and Trust: Public funds are managed openly,
fostering public confidence in government operations.
●Accountability: Clear records show how every dirham is spent,
reducing opportunities for misuse.
●Financial Sustainability: Optimized use and monitoring of
resources support the long-term fiscal health of the emirate.
●Rapid Service Improvements: Streamlined financial processes
free resources for public service enhancements.
The Department of Finance: Steward of System Integrity![]()
The Department of Finance is responsible for:
●Supervising system implementation across all government entities
●Issuing clarifications, guidance, and updates regarding the system application
●Conducting audits to verify compliance
●Continuous enhancement of policies and tools for best-in-class public financial
management.
Ajman’s Digital Transformation and the Future of Public
Finance![]()
The UFS is not a static system; it is part of Ajman’s broader digital
transformation initiatives, including integration with smart payment
solutions and technology-driven financial innovations. Strategic
partnerships are enabling seamless banking and government platform
integration, further enhancing efficiency and control.
The Unified Financial System is a cornerstone of Ajman’s ambition to
lead with openness, sustainability, and innovation in the public sector.
Through rigorous rules, transparent processes, and future-ready digital
tools, Ajman ensures that public funds power progress for today and
generations to come.
For complete details on the Unified Financial System, always consult
the official Ajman Department of Finance resources:
