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Abu Dhabi plans 7% annual GDP growth
- United Arab Emirates: Thursday, January 08 - 2009 at 08:04
The Abu Dhabi government has announced a long-term plan to diversify the emirate's economy and reduce its dependence on the oil sector as the main source of economic activity, the Emirates News Agency (WAM) reported on Wednesday. The report forecasts that the emirate's economy will grow at seven per cent a year for the next six years and then by six per cent. Overall, gross domestic product will increase more than five times over the next 21 years, the report projects.
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Jeff Florian, Senior ReporterThursday, January 08 - 2009 at 08:04 UAE local time (GMT+4)
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