UAE
UAE Growth To Slow-IMF
UAE real GDP growth is expected to slow down to 3.6% in 2013, with oil GDP growing at 2.1% (given a well supplied global oil market) and non-oil GDP at 4.3%, the IMF Mission Chief for the UAE Harald Finger told reporters on a conference call on 30 July.
However oil GDP growth is expected to recover to 3.1% in 2015 before falling to around 1.8% in 2017-18, according to projections made earlier by the IMF (MEES, 28 June).
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