U.A.E. Economy to Growth 2.6% in 2018, StanChart's Khan Says

The video discusses the UAE's economic outlook, highlighting growth forecasts and the role of fiscal policy. It examines market reactions, macroeconomic improvements, and the impact of oil prices. The UAE's diversified economy and supportive fiscal measures are expected to drive gradual growth, despite challenges like excess supply and higher interest rates. The discussion also covers growth expectations for 2018-2020 and the influence of OPEC agreements on oil output and prices.

What was the UAE's growth forecast for 2018?

• 3.0%

• 1.5%

• 2.6%

• 4.0%

Which factor is expected to support the UAE's macroeconomic improvement in 2018?

• Supportive fiscal policy

• Increase in tourism

• Decrease in oil prices

• Reduction in interest rates

What is the expected UAE GDP growth rate by 2020?

• 4.0%

• 3.1%

• 5.0%

• 2.5%

How do higher oil prices affect GCC countries' fiscal policies?

• They reduce fiscal latitude

• They increase fiscal latitude

• They have no effect

• They lead to higher taxes

What is the forecasted oil price per barrel for 2020?

• $71

• $75

• $78

• $80