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 30, 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), Crime, Financial sector policy and analysis, Financial sector stability, Financial statements, Public debt, Public financial management (PFM)

Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT), Article IV consultation discussion, Financial sector stability, Financial statements, Fund holdings of currency, Global, Government bond bond market, Transparency policy, World bank relations

Publication Details

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