United Arab Emirates : 2005 Article IV Consultation—Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the United Arab Emirates

Author/Editor:

International Monetary Fund

Publication Date:

August 5, 2005

Electronic Access:

Free Full text (PDF file size is 430 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The 2005 Article IV Consultation for the United Arab Emirates reports that the prices in real estate and stock markets, have soared aided by stronger economic fundamentals and investor optimism. An outward-oriented development strategy and prudent financial policies have resulted in impressive economic growth over the years. Economic diversification has advanced rapidly, underpinned by an increasing role of the private sector. There is a need for full rationalization and consolidation of the regulatory oversight related to the capital markets and nonfinancial bank intermediaries.

Series:

Country Report No. 05/269

Subject:

English

Publication Date:

August 5, 2005

ISBN/ISSN:

9781451801149/1934-7685

Stock No:

1AREEA2005002

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

63

Please address any questions about this title to publications@imf.org