IMF praises UAE's strong economy, banking sector amid regional challenges

An International Monetary Fund (IMF) staff team concluded a visit to the United Arab Emirates (UAE) on July 16, 2026. The visit, which began on July 7, focused on discussions regarding the UAE's latest economic and financial developments, its future economic outlook, and the policy priorities of the nation's authorities.

The consultations also served as a platform for preparations for the upcoming 2026 Article IV Consultation Mission. During meetings, Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE) and the UAE's Governor at the IMF, highlighted the significance of these discussions. He stressed their role in enhancing communication and fostering an exchange of views on current economic and financial trends.

Balama underscored the value of the ongoing cooperation between the UAE and the IMF. He noted that these consultations provide an important avenue for sharing perspectives on the latest developments and future priorities. The Governor also acknowledged the close collaboration among various relevant entities within the UAE, which facilitates these comprehensive economic dialogues.

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These consultations provide an important platform for strengthening our existing cooperation with the IMF and exchanging views on the latest developments and future priorities. We also value the close cooperation among the relevant entities in the UAE and re