{
  "title": "United Arab Emirates: 2017 Article IV Consultation- Press Release; Staff Report and Informational Annex for the United Arab Emirates",
  "publication": "IMF Staff Country Reports, July 14, 2017",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2017/07/14/united-arab-emirates-2017-article-iv-consultation-press-release-staff-report-and-45088",
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  "summary": "This 2017 Article IV Consultation highlights that the economic performance of the United Arab Emirates was subdued during most of 2016.",
  "publishDate": "2017-07-14",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Economic performance and drivers (2016)",
      "content": "- Economic performance of the United Arab Emirates was subdued during most of 2016.\n- Growth moderated to 3 percent in 2016 from 3.8 percent in 2015.\n- Causes cited:\n  - Weaker oil prices.\n  - Slower oil output growth.\n  - Postponement of some public infrastructure projects.\n  - Slowdown in global trade."
    },
    {
      "heading": "Near-term outlook and projections (2017 and beyond)",
      "content": "- Economic activity is expected to strengthen gradually in the coming years with:\n  - Firming oil prices.\n  - Other global indicators improving.\n  - An easing pace of fiscal consolidation.\n- Non-oil growth projections:\n  - Non-oil growth is projected to rise to 3.3 percent in 2017 from 2.7 percent in 2016.\n  - Projection drivers: increased domestic public investment and a pickup in global trade."
    },
    {
      "heading": "Policy themes and subject coverage",
      "content": "- Report themes include:\n  - Banking\n  - Commodities\n  - Expenditure\n  - Financial institutions\n  - Fiscal consolidation\n  - Fiscal policy\n  - Loans\n  - Oil\n  - Oil prices\n  - Prices\n\n---\n\n Content in this bundle\n\n- Country Report\n  - Country Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Country Report (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2017/07/14/united-arab-emirates-2017-article-iv-consultation-press-release-staff-report-and-45088"
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    "Published: July 14, 2017",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484310182.002",
    "Economic performance of the United Arab Emirates was subdued during most of 2016.",
    "Growth moderated to 3 percent in 2016 from 3.8 percent in 2015.",
    "Causes cited:",
    "Economic activity is expected to strengthen gradually in the coming years with:",
    "Non-oil growth projections:",
    "Report themes include:",
    "**Country Report**"
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