Mubasher: Fitch Ratings expected the gross domestic product (GDP) of Abu Dhabi to reach 2.5% in 2019, Al Khaleej Newspaper said.
The government of Abu Dhabi is expected to achieve a financial surplus up to 0.6% and a current account balance up to 3.7% of the GDP in 2019, Fitch said, according to the UAE newspaper.
Not sovereign assets abroad for Abu Dhabi are expected to account for 193% of GDP next year, Al Khaleej added.
The rising oil prices endorsed the economic performance of Abu Dhabi, which has been rated at “AA” by Fitch with a “Stable” Outlook.
