European Parliament Library

United Arab Emirates :, 2008 Article IV Consultation: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion

The United Arab Emirates' (UAE) macroeconomic performance during 2007–08 was strong, with growth especially in the construction and services sectors. Annual average inflation accelerated, driven by domestic demand pressures. Executive Directors have commended the authorities for their outward-oriented development strategy and the impressive performance of the economy in recent years. Directors have also emphasized the importance of safeguarding the soundness and functioning of the financial sector, while facilitating a smooth and orderly deceleration in credit growth from an unsustainable pace
Table Of Contents
Cover; Contents; Executive Summary; I. Recent Economic developments and Short-Term Prospects; II. Medium-term Economic Outlook; III. Report on the Discussions; A. Monetary and Financial Sector Issues; B. Inflation; C. Fiscal Policy; D. Exchange Rate Policy and Exchange Rate Assessment; E. Regional Cooperation; F. Statistics and Other Issues; IV. Staff Appraisal; Tables; 1. United Arab Emirates: Selected Macroeconomic Indicators, 2004-09; 2. United Arab Emirates: Balance of Payments, 2004-09; 3. United Arab Emirates: Consolidated Government Finances, 2004-09
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (48 p.)
Specific Material Designation
Form Of Item

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