The Article IV consultation staff report on the UAE published on 3 July 2014 says the UAE economy is robust, its surpluses will continue but inflation could hit 5 per cent by the end of the decade.
Dubai’s government debts are reported at 56 per cent of the emirate’s GDP and total Dubai debts are now $142bn.
To see the report in full go to: http://www.imf.org/external/pubs/ft/scr/2014/cr14187.pdf
For more see www.meed.com