United Arab Emirates : Staff Report for the 2012 Article IV Consultation

Publication Date: May 18, 2012
Electronic Access: Free Full text (PDF file size is 1,297KB).
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Summary: This 2012 Article IV Consultation highlights that the economic recovery in the United Arab Emirates is continuing despite the uncertain global economic environment. The banking sector has remained well capitalized and profitable, despite a continued rise in nonperforming loans and higher provisioning. Executive Directors have welcomed the continued economic recovery and favorable near-term outlook, but noted downside risks from the uncertain global environment. Directors have encouraged the authorities to continue their efforts to sustain growth and diversify the economy, while maintaining macroeconomic and financial stability.
Series: Country Report No. 12/116
Subject(s): Article IV consultation reports | Economic recovery | Fiscal consolidation | Banking sector | Exchange rate assessments | Economic indicators | Staff Reports | United Arab Emirates

Notes Also Available in Arabic
Publication Date: May 18, 2012
ISBN/ISSN: 9781475503692/1934-7685 Format: Paper
Stock No: 1AREEA2012001 Pages: 47
US$18.00 (Academic Rate:
US$18.00 )
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