02119cas a2200241 a 4500 AALejournalIMF019053 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484397251 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Middle East and Central Asia Dept. United Arab Emirates : 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the United Arab Emirates. Washington, D.C. : International Monetary Fund, 2019. 1 online resource (64 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 This Article IV Consultation highlights that UAE has successfully weathered recent external shocks, because of its large financial buffers, diversified economy, and strong policy response. The economy is starting to recover from the 2015-16 slowdown caused by a decline in oil prices. Growth momentum is expected to strengthen in the next few years, helped by higher oil output, increased public investment, and stepped-up structural reforms. Gradual and growth-friendly fiscal consolidation should resume once the recovery gains momentum to ensure intergenerational equity. Key priorities have been highlighted to raise spending efficiency, continue diversifying revenues, firmly anchor fiscal policy, and improve policy coordination and management of fiscal risks. The report also discusses that realizing the government's Vision 2021 requires strong effort to foster productivity growth and increase the private sector's role in the economy. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2019/035 Full text available on IMF http://elibrary.imf.org/view/journals/002/2019/035/002.2019.issue-035-en.xml IMF e-Library