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UAE, $152.4bn GDP in 2006
- United Arab Emirates: Saturday, May 06 - 2006 at 13:04
The UAE's nominal gross domestic product is expected to rise to $152.4bn in 2006, almost $20bn more than in 2005, reported Gulf Today, citing figures from the International Monetary Fund. But real GDP growth in the UAE is expected to fall to 6.5% from 8% last year. The UAE's federal government is also expected to gain a 28.4% budget surplus this year.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, May 06 - 2006 at 13:04 UAE local time (GMT+4)
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