Middle East Economic Survey
VOL. XLVII
No 28
12-July-2004
UAE
BUDGETS AND REVENUES
UAE Economy Enjoys Robust Growth In 2003, Says IMF
The UAE enjoyed a year of strong growth in2003, reflecting higher oil production and prices and robust non-hydrocarbon real GDP growth of around 5%. Sound policies supported by structural reforms have enhanced the role of the private sector, contributed to growth of the non-hydrocarbon sector and diversification of the economy, and enhanced the economys resilience to...
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