The Central Bank of the Emirates projections indicated that it is possible that the non-oil GDP will grow by 3.6% by the end of 2021.
and these expectations come in conjunction with the announcement by the Committee for Coordination and Follow-up of the Implementation of the Economic Plan for Recovery in the Emirates of the completion of 46% of the initiatives of the first phase of the flexible package to support the economy, and the committee stated that The value of economic support packages and initiatives since the start of the pandemic in the country has reached 388 billion dirhams (106 billion dollars).
It is worth noting that, the UAE government was rated Aa2 in creditworthiness, which is the strongest sovereign rating in the region with a stable outlook for the economy National, by the international rating agency Moody's.
