Monday 11, June 2012 by

UAE's public finances back in the black

The United Arab Emirates' public finances swung into a surplus of 2.9 per cent of economic output in 2011 after two years of deficits as robust oil income offset an increase in government spending, a report by the International Monetary Fund showed.

Features & Analyses

Economics IMF updates on Iraq economy

Recent macroeconomic developments have been broadly positive in Iraq. Economic growth in Iraq reached 8.4 per cent in 2012 and… read more