UAE: Increase in the balance of payment surplus

Published December 29th, 2005 - 09:38 GMT
Al Bawaba
Al Bawaba

A recent report by the UAE central bank, cited by Khaleej Times, has revealed a 171 per cent increase in the balance of payment surplus by the end of 2004 amounting to Dh 12.35 billion compared to Dhs 4.73 billion in 2003.


The second quarterly report noted that the current account achieved a surplus of Dhs 47.51 billion by the end of last year compared to Dhs 27.73 billion in 2003,.