The Central Bank expects the UAE economy to grow by 2.5% this year and 3.5% in 2022

 The Central Bank of the United Arab Emirates expects GDP growth of 2.5% this year and 3.5% during 2022.

In a report released today, the Central Bank indicated that non-oil GDP growth of 3.6% and 3.9%, respectively.

The Central Bank had confirmed that the targeted comprehensive economic support plan has achieved remarkable positive results within a year since its launch, paving the way for the strong recovery of the UAE economy from the repercussions of the Covid-19 pandemic.

The targeted comprehensive economic support plan is a comprehensive program that covers all measures taken by the Central Bank to confront the effects of the Covid-19 pandemic.

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