A mixture of spending cuts, revenue-raising measures and financial support from regional neighbours will form the core of Bahrain’s newly unveiled programme designed to reduce its deficit and return to surplus by 2022.
Economy
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Sri Lanka’s progress with free trade agreements, finance reforms, and growth strategies for manufacturing and ICT should encourage increased foreign direct investment. Sri Lanka was named the top travel destination for 2019, and the government’s 2025 development strategy aims to increase public-private partnerships, nurture innovation and increase investment in special economic zones.
Interviews & Viewpoints | Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs : Interview from The Report: Abu Dhabi 2019
What initiatives are under way to create an ecosystem supportive of young entrepreneurs, start-ups, and small and medium-sized enterprises (SMEs)?
Articles & Analysis | An overview of Abu Dhabi and the UAE from The Report: Abu Dhabi 2019
Having declared its independence from Britain in 1971 as part of the federation of the UAE, the emirate of Abu Dhabi has significantly raised its political and economic profile in the intervening years, both regionally and internationally. While the emirate is home to the world’s sixth-largest proven oil reserves, financial buffers have helped...
Articles & Analysis | The effects of lower corporate tax rates on economies worldwide from The Report: Abu Dhabi 2019
Recent decades have seen a downward trend in corporate taxation, with headline corporate tax rates falling by 20 percentage points since the early 1980s. The average for advanced economies dipped to 22% in 2015, and investment incentives have further reduced effective rates for transnational corporations. After the 2007-08 global financial...
Interviews & Viewpoints | Mugheer Khamis Al Khaili, Chairman, Department of Community Development (DCD) : Interview from The Report: Abu Dhabi 2019
What role does the DCD play in Abu Dhabi’s social development priorities, and what metrics will be used to ensure the success of its programmes?