Stability and Sustainability of UAE Macro-Economy

摘要

According to the latest report of the UAE central bank (September, 2012) the real GDP growth is forecast to increase from 3.3 per cent in 2011 to 3.5 per cent in 2012 and to 6.4 per cent in 2016. Moreover, the non-oil GDP has shown very impressive recovery from an estimated one per cent in 2010 to 6.7 per cent in 2011. On the other hand, construction and real estate are showing positive and healthy growth during the current fiscal year.