U.A.E. Central Bank Governor: Tried to Do as Much as We Can With Stimulus

U.A.E. Central Bank Governor: Tried to Do as Much as We Can With Stimulus

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses a 100 billion economic support scheme aimed at aiding retail and corporate customers during the coronavirus pandemic. It highlights the role of banks in lending, the absence of government guarantees, and the measures taken to facilitate lending. The discussion also covers global coordination efforts, the impact of the pandemic and oil price collapse, and the commitment to the currency peg. The focus is on containing the virus and assessing the situation to extend support measures if needed.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the peg to the dollar for the United Arab Emirates' economy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential risks associated with the coronavirus and the collapse in oil prices?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the government plan to assess the effectiveness of the economic measures taken?

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