Middle East Economic Survey

VOL. LII

No 16

20-Apr-2009

UAE

UAE Economy Facing Short To Medium-Term Risks, IMF Warns

After a strong macroeconomic performance registered in 2007-08, the UAE economy could be significantly affected by the current global downturn, according to the International Monetary Fund (IMF), following the conclusion of Article IV consultation with the UAE in January which was published on 13 April. The key challenge for the UAE authorities is to weather the impact of the current...