UAE minister: Rate of Inflation expected to go down

Published July 13th, 2006 - 12:33 GMT
Al Bawaba
Al Bawaba

Shaikha Lubna Al Qasimi, United Arab Emirates Minister of Economy, has recently stated that the rate of Inflation in the country is expected to go down by the end of the current year.

 

The minister also was quoted as saying by Al Bayan newspaper "we can see a lower inflation in the UAE as the economy is strong and dynamic as strong oil price and higher investment levels are continuing to drive growth."