UAE economy in strong position, says minister

The UAE economy is registering growth in key sectors as it successfully navigates the COVID-19 recovery phase.

That's according to the Minister of Economy, Abdulla bin Touq Al Marri, who said the national economy is in a strong position and is ready for the future.

He added that the government has completed the first phase of its economic recovery plan, while the second phase is 50 per cent complete.

The post-COVID economic plan, comprising 33 initiatives, was approved by the UAE Cabinet in August 2020. It will be implemented in three different phases.

لجنة الـ 33 مبادرة" تعلن إنجاز 100% من المرحلة الأولى من خطة التعافي والنهوض الاقتصادي و50% من المرحلة الثانية، ومعالي وزير الاقتصاد يؤكد" الاقتصاد الوطني في وضع قوي وجاهزية عالية للمستقبل.. وتم تجاوز مرحلة التعافي إلى مرحلة النمو في مؤشرات اقتصادية حيوية"@Economyae pic.twitter.com/a0IqsJBPqS

— UAEGOV (@UAEmediaoffice) November 7, 2021