01738cas a2200241 a 4500 AALejournalIMF005754 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451801231 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. United Arab Emirates : 2008 Article IV Consultation; Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (47 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The United Arab Emirates' (UAE) macroeconomic performance during 2007-08 was strong, with growth especially in the construction and services sectors. Annual average inflation accelerated, driven by domestic demand pressures. Executive Directors have commended the authorities for their outward-oriented development strategy and the impressive performance of the economy in recent years. Directors have also emphasized the importance of safeguarding the soundness and functioning of the financial sector, while facilitating a smooth and orderly deceleration in credit growth from an unsustainable pace. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2009/124 Full text available on IMF http://elibrary.imf.org/view/journals/002/2009/124/002.2009.issue-124-en.xml IMF e-Library