United Arab Emirates: Selected Issues and Statistical Appendix

International Monetary Fund

No 2011/112, IMF Staff Country Reports from International Monetary Fund

Abstract: Issues and statistical appendices are discussed. Government-related entities (GREs) have been a major source of growth and development for the United Arab Emirates (U.A.E.) economy. The global financial and economic crisis has, however, unveiled the fiscal and financial risks posed by GREs. The objective of this paper is to identify the risks posed by financially underperforming GREs. Policies to manage GREs are also explained, and policy responses to crisis are explained. Statistical appendices are included.

Keywords: ISCR; CR; central bank; fiscal policy; debt ratio; potential GDP; balance sheet; output gap; debt restructuring; Dubai bank; exchange rate; Loans; Fiscal stance; Global (search for similar items in EconPapers)
Pages: 69
Date: 2011-06-16
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