United Arab Emirates 2017 Article IV Consultation- Press Release; Staff Report and Informational Annex for the United Arab Emirates

This 2017 Article IV Consultation highlights that the economic performance of the United Arab Emirates was subdued during most of 2016. Together with weaker oil prices and slower oil output growth, the postponement of some public infrastructure projects and a slowdown in global trade caused growth t...

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Bibliographic Details
Corporate Author: International Monetary Fund Middle East and Central Asia Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2017
Series:IMF Staff Country Reports
Subjects:
Oil
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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653 |a Depository Institutions 
653 |a Energy: Demand and Supply 
653 |a Oil prices 
653 |a Banks 
653 |a Finance 
653 |a Short-term Capital Movements 
653 |a Public finance & taxation 
653 |a Oil 
653 |a Industries: Financial Services 
653 |a Banks and banking 
653 |a Investments: Energy 
653 |a Financial institutions 
653 |a Current Account Adjustment 
653 |a Micro Finance Institutions 
653 |a Fiscal Policy 
653 |a Fiscal consolidation 
653 |a Fiscal policy 
653 |a Mortgages 
653 |a Petroleum industry and trade 
653 |a National Government Expenditures and Related Policies: General 
653 |a Expenditure 
653 |a Energy: General 
653 |a Commodities 
653 |a Loans 
653 |a Banks and Banking 
653 |a Expenditures, Public 
653 |a Prices 
653 |a Macroeconomics 
653 |a Banking 
653 |a Investment & securities 
653 |a Statistics 
653 |a Econometrics & economic statistics 
653 |a Public Finance 
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520 |a This 2017 Article IV Consultation highlights that the economic performance of the United Arab Emirates was subdued during most of 2016. Together with weaker oil prices and slower oil output growth, the postponement of some public infrastructure projects and a slowdown in global trade caused growth to moderate to 3 percent from 3.8 percent in 2015. Economic activity is expected to strengthen gradually in the coming years with firming oil prices and other global indicators, and an easing pace of fiscal consolidation. Non-oil growth is projected to rise to 3.3 percent in 2017 from 2.7 percent in 2016, reflecting increased domestic public investment and a pickup in global trade