Dubai: The International Monetary Fund (IMF) on Monday has forecast 1.6 per cent growth for the UAE economy in 2019 and 2.5 per cent for 2020.

While the multilateral agency has forecast non-oil GDP growth at 1.6 per cent for the current year, for the next year it expects the non-oil growth to nearly double to 3 per cent.

Read more on: https://gulfnews.com/business/imf-forecasts-16-per-cent-growth-for-uae-in-2019-1.67444049/