United Arab Emirates: 2011 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion

May 23, 2011

Preview Citation

Format: Chicago

United Arab Emirates: 2011 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion, (USA: International Monetary Fund, 2011) accessed November 23, 2024

Also available in: العربية

Summary

The economic recovery in the U.A.E. is gaining strength, but subject to increased regional uncertainty. The government should undertake cost-benefit analysis and implement projects that have high economic return. In order to reduce government-related entities (GRE) risks, the authorities should complete restructuring of GRE debt and communicate their strategy by developing a GRE risk management framework. The central bank has taken steps in strengthening risk monitoring and the management system. The progress made by National Bureau of Statistics (NBS) in establishing macroeconomic statistics proved an important step toward developing statistical capacity.

Subject: Asset and liability management, Debt restructuring, Fiscal policy, Fiscal stance, Prices, Public debt, Real estate prices

Keywords: Asia and Pacific, Authority, CR, Debt restructuring, Fiscal stance, Global, Government support strategy, Government-Related Entities, GRE risk management framework, IMF staff estimate, ISCR, Policy, Policy priority, Real estate prices, Support strategy, U.A.E. authorities, U.A.E. economy

Publication Details

Pages:

45
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2011/111
Stock No:

1AREEA2011001
ISBN:

9781455283590
ISSN:

1934-7685

Notes

Also Available in Arabic

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