By 120 to 160 thousand jobs per month in 2021

“Economy”: The announced jobs are regaining pre-Covid-19 levels.

“Economy” organized a panel discussion in cooperation with the International Monetary Fund on restoring growth after “Covid-19”.

From the source

The Minister of Economy, Abdullah bin Touq Al Marri, affirmed that the private sector in the UAE has witnessed better recovery rates than expected, in light of the rapid and proactive systematic response developed by the state, and as a result of the new and integrated economic policies that have been adopted, to achieve immediate support and long-term growth for the national economy.

He added during a panel discussion organized by the Ministry of Economy in cooperation with the International Monetary Fund, on new economic policies that stimulate prosperity and restore growth in the post-Covid-19 phase in the Middle East and North Africa:“The positive indicators achieved by the state have enhanced levels of optimism about the prospects for the growth of the national economy at the end of this year, and during the next phase, as the number of commercial licenses issued during the period from January to September of 2021 achieved a growth of 47% compared to the same period last year, and recovered The announced jobs are at pre-pandemic levels, at 120,000 to 160,000 jobs per month so far in 2021, and non-oil exports have increased by 40% from their levels in 2019, and the volume of investment flows has recovered, as well as the number of tourists and visitors to the country,” noting that Expo 2020 Dubai provided a good incentive for economic activity in the country by attracting official and commercial delegations, companies, visitors and tourists from all over the world.

He explained that the UAE is currently among the best countries in achieving rapid recovery, and the transition to the post-Covid-19 pandemic, which is illustrated by the return to normal life almost completely, low infection rates, increased momentum in commercial activities, high vaccination rates, and growth Continuing in the transport, logistics, trade, aviation, tourism and retail sectors.

Al-Marri reviewed the experience of the UAE in managing the economic file with high efficiency, enhancing its flexibility in dealing with the repercussions of the pandemic, and accelerating the process of recovery and growth in the post-pandemic stage.

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