Sharjah 24: Sharjah Economic Development Department (SEDD) received Financial Performance Excellence Award within the category of "Application of Financial Auditing and Control Standards". This came during a ceremony held to announce the winners of the fifth edition of the Financial Performance Excellence Award organised by Sharjah Finance Department at Al Qasimia University Theatre in University City of Sharjah.
Dubbed as the most prestigious type of institutional and individual excellence awards in public finance, financial planning and management of purchases and tenders at the local, federal and regional levels, the award aims to promote a culture of excellence in government financial performance in accordance with government requirements to develop the financial system.
Commenting on that, Sultan Abdullah bin Hadda Al Suwaidi, SEDD Chairman, said that this great achievement was the result of SEDD employees’ dedication and concerted efforts to achieving a sustainable competitive environment in accordance with the best practices of government financial work. He added that this achievement comes in line with the directives of His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, and the follow-up of Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of Sharjah, Chairman of Sharjah Executive Council, to employ qualified human energies and capabilities and the necessary financial resources to build a distinct and sustainable society.
SEDD Chairman reiterated SEDD’s keenness to improve and deliver high-quality services by activating and developing performance measurement tools and evaluation criteria, raising the level of efficiency and effectiveness in managing financial resources, preserving public money, and improving the level of financial cadres to achieve the desired development goals.
He indicated that the Department’s participation in these qualitative and distinguished is in congruence with its plan to activate and develop its human and financial cadres as part of its efforts to enhance the spirit of competition, excellence and leadership in the financial field, and to highlight the importance of activating approved practices within studied and effective financial plans in order to achieve the best desired results and indicators in the professional and financial field, which support its vision and strategic plan.
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