Middle East Economic Survey

VOL. LIII

No 9

01-March-2010

UAE

IMF Advises Centralized Debt Management In Aftermath Of Dubai Crisis

Dubais debt problems are expected to remain a drag on UAE non-hydrocarbon sector growth through 2010, the IMF warns projects in its Article IV Consultation published on 18 February. Abu Dhabis role in providing selective support to Dubai will play a very large role in limiting further damage to the UAE economy and banking system, the report says, with the...