IMF Staff Country Reports

United Arab Emirates: 2024 Article IV Consultation-Press Release; and Staff Report

December 5, 2024

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Format: Chicago

International Monetary Fund. Middle East and Central Asia Dept. "United Arab Emirates: 2024 Article IV Consultation-Press Release; and Staff Report", IMF Staff Country Reports 2024, 325 (2024), accessed December 11, 2024, https://doi.org/10.5089/9798400293245.002

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Summary

Economic growth remains strong, driven by robust domestic activity. Inflation has moderated sharply with lower tradables prices. Relatively high oil prices support high fiscal and external balances and significant sovereign buffers. Banks have ample capital and liquidity buffers overall, and real estate activity remains buoyant. Substantial reform- and climate-related initiatives and investment spending continue.

Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Climate finance, Corporate income tax, Crime, Environment, Financial sector policy and analysis, Financial sector stability, Oil prices, Prices, Public debt, Taxes

Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT), Climate finance, Corporate income tax, Financial sector stability, Financial statements, Oil prices

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