United Arab Emirates: 2006 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the United Arab Emirates
IMF Staff Country Reports, July 14, 2006
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- United Arab Emirates: 2006 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the United Arab Emirates
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Bibliographic details
- Published: July 14, 2006
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451801163.002
Overview and key findings
- An outward-oriented development strategy and prudent financial policies resulted in an impressive economic growth and led to a large accumulation of external financial assets.
- The major Emirates intend to leverage the favorable economic environment to carry out reforms that will encourage more private sector participation.
- Owing to the complexities of interlinkages between financial and real sectors, broad and proper information is needed to allow comprehensive economic development.
- As a result of deficient data, significant constraints on economic monitoring, analysis, and policy formulation are imposed.
Macroeconomic and financial themes covered
- Commercial banks
- Expenditure
- Financial institutions
- Financial markets
- Fiscal policy
- Oil prices
- Prices
- Stock markets
Geographic and institutional focus
- Asia and Pacific
- Middle East, North Africa
- U.A.E. economy
- central bank of the U.A.E.
- Global and regional groupings identified by source: East Africa, CR, ISCR