IMF praises UAE economic strategy

14 February 2017

IMF managing director Christine Lagarde has praised how the UAE has adapted to low oil prices by diversifying its economy.

During a session on the sidelines of the World Government Summit 2017in Dubai, Lagarde said reducing the UAE dependency on oil, strengthening the private sector and increasing job opportunities could be achieved through strong macroeconomic policies, maintaining an active working environment and improving the quality of education.

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