ABU DHABI: Sultan bin Saeed Al Mansouri, UAE Minister of Economy, has predicted that the national economy will achieve a growth rate of between 3.5 to 4 per cent during the current year.
He noted this growth will be spurred by the country’s growing investment attractiveness, with a view to achieve numerous accomplishments in national economic indicators.
Al Mansouri said, in his statement during the UAE-Jordanian Investment Forum launched on Monday in Abu Dhabi, that continuing to execute projects, which were announced as part of the UAE Vision 2021, would maintain the strength of the national economy growth, said Wam.
He added that the oil sector contributes around 30 per cent of the country’s total domestic production, as it witnesses a current price stabilisation, while expecting a growth in local non-oil products by 3.7 per cent this year.
- Rajive Singh