Abu Dhabi-Mubasher: Outlook for the UAE's economy is still positive despite steep decline in global oil prices, said Sultan Al Mansouri, minister of economy.
He added that the state's economic growth was estimated at 3% in 2015.
The negative impacts of falling oil prices on the local economy are significantly slight, thanks to the country's diversified economic resources, which led to a zero deficit in FY16 budget, the minister said.
He added that the GDP increased to AED 1.58 trillion ($430 billion) at the end of 2015, compared with AED 1.47 trillion ($400 billion) in 2014.
