No. 13/14

25-December-1995/1 January 1996


Some Inkling As To Abu Dhabi's Economic Position

As the federal budget of the United Arab Emirates (UAE) for 1996 is prepared and as economists predict a year of modest growth for the economy, the Government of the UAE has released one month's expenditures to its departments to ensure that salaries and running costs are met in the first month of the new year. At the same time, the Arabic daily al-Hayat of 15 December, quoting the...