United Arab Emirates: 2011 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion
Electronic Access:
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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.
Series:
Country Report No. 2011/111
Subject:
Asset and liability management Debt restructuring Fiscal policy Fiscal stance Prices Public debt Real estate prices
Notes:
English
Publication Date:
May 23, 2011
ISBN/ISSN:
9781455283590/1934-7685
Stock No:
1AREEA2011001
Pages:
45
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