United Arab Emirates : 2007 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the United Arab Emirates

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Price:  $18.00

Release Date: © October, 2007
ISBN : 978-1-45180-117-0
Stock #: 1AREEA2007001
Stock Status: On back-order

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The 2007 Article IV Consultation on the United Arab Emirates (UAE) examines the near- and medium-term outlook, inflation, and fiscal policy. The rapid expansion is supported by an outward-oriented development strategy and sustained high oil prices. Reforms are under way to strengthen the prudential and regulatory oversight of the banking system and the capital markets; to open the banking sector to greater competition; and to strengthen the legal framework for the financial sector. Executive Directors agreed that the key challenges will be to ensure sustained noninflationary growth and further diversification of the economy.


Balance of payments , Capital markets , Economic policy , Exchange rate policy , Financial institutions and markets , Fiscal policy , Foreign exchange , Inflation , Monetary policy

More publications in this series: IMF Staff Country Reports