Abu Dhabi-Mubasher: UAE’s current account surplus is expected to represent 2.1% of the GDP in 2015 and rise to 2.5% and 3.5% in 2016 and 2017, respectively.
The bank expected UAE’s economy to grow by 3.7%, 3% and 2.7% in 2015, 2016 and 2017 in a row.
Inflation is estimated to stabilise at 4.2% in 2015 and declined to 2.9% and 3.3% in 2016 and 2017, respectively.
The UAE's budget is likely to record deficit by 4% and 2.1% of GDP in 2015 and 2016, due to the slump in oil prices, then to achieve surplus of 0.3% of GDP in 2017.
