Abu Dhabi – Mubasher: The UAE's trade balance is expected to register a surplus of 3.1% in 2017, up 0.2% from figures recorded in 2016, according to an annual report by the UAE economy ministry.
The UAE is capable of funding any fiscal deficit even if it sees stable spending levels and lower revenues, the report highlighted.
The market’s ability to bridge any deficit is due to owning big financial reserves.
