IMF praises UAE economy's resilience, proactive readiness

An International Monetary Fund (IMF) team has concluded a ten-day visit to the UAE, holding talks with officials on the country's economic performance, financial outlook and policy priorities.

Preparations for the 2026 Article IV Consultation Mission were also discussed during the visit. 

Khaled Mohamed Balama, Governor of the Central Bank of the UAE, said the meetings strengthened cooperation with the IMF and highlighted the country's commitment to maintaining monetary and financial stability.

He added that the visit confirmed the resilience of the UAE economy and the strength of its financial sector.

The IMF praised the UAE's ability to withstand regional geopolitical challenges, saying strong economic fundamentals, swift government action and targeted support measures helped protect financial stability, maintain supply chains and sustain market confidence.

The IMF also noted that the UAE's banking sector remains well-capitalised, with strong liquidity and continued credit growth.

It highlighted the Central Bank's proactive measures to strengthen the resilience of financial institutions.

"Timely and well-targeted support measures have helped preserve financial stability, safeguard essential supply chains, support affected sectors and households, and sustain market confidence, underscoring the UAE's institutional capacity to navigate a major external shock," said Said Bakhache, Head of the IMF staff team.

The IMF added that resilient trade, aviation and logistics sectors, along with strong domestic demand, have continued to support economic growth.

It also expects the UAE to maintain a fiscal surplus, backed by higher oil prices, prudent budgeting and low public debt.

The International Monetary Fund staff team concluded its visit to the UAE, which took place from 7 to 16 July 2026. The visit included discussions on the latest economic and financial developments, the future outlook and the policy priorities of the relevant authorities, as well…

— Central Bank of the UAE (@centralbankuae) July 17, 2026