The International Monetary Fund (IMF) has issued a positive outlook for the United Arab Emirates’ economy, projecting a strong real Gross Domestic Product (GDP) growth of 5.1% for the year 2025. This forecast, released as part of the IMF’s latest regional economic outlook, highlights the continued economic momentum within the Emirates, driven by a combination […]
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, expressed concerns about the slowing global economic activity, especially in the manufacturing sector, and highlighted the weak medium-term growth prospects during a meeting with financial leaders from the Group of 20 nations on Tuesday.
The UAE’s positive economic outlook continues to thrive, with the International Monetary Fund (IMF) affirming strong domestic activity and projecting a GDP growth rate of 3.6 percent for 2023, according to the IMF’s Executive Board statement released on Monday.
The OPEC+ alliance has been working to limit oil production since early 2017, in an effort to stabilize oil prices.
