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Central bank forecasts UAE GDP to contract 5.2 per cent in 2020

The UAE economy is expected to suffer a deeper contraction this year than originally estimated, with the Central Bank of UAE projecting a -5.2 per cent GDP growth for 2020. According to the earlier forecasts by the central bank, GDP was projected to decline by 3.6 per cent this year….

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Click here to read the full story: Gulf News

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