IMF releases first UAE Article IV info for years
Issue 872
- 05 Mar 2010
| 4 minute read
The International Monetary Fund has issued a relatively detailed Article IV report on the UAE for the first time in several years. It starts by outlining 2009’s “significant slowdown in growth and strains in the banking system as a result of the global financial crisis, the decline in oil prices, and the continuing fallout from the bursting of the Dubai property bubble”.
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