ID :
59928
Mon, 05/11/2009 - 13:33
Auther :
Shortlink :
https://oananews.org//node/59928
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UAE is assessing fall out of global economic crisis
Abu Dhabi May 11, 2009 (WAM) - The UAE has devised a plan to assess the repercussions of the global financial crisis on the country, Minister of Economy H.E Sultan Al Mansouri said yesterday. “The Government has chalked out a joint plan in coordination with federal ministries and departments to evaluate the magnitude of impact of the international financial crunch in order to take required measures to overcome the crisis with the least possible losses,” he said without elaborating on these steps.
The minister told reporters that the government had re-prioritised the economic agenda so as to concentrate on investment in creativity and innovation-based sectors. He said his visit to the US last week had explored mechanisms for joint cooperation on creativity-based economy so as to introduce it in the UAE, which will be the first of its kind in the region.
The minister told reporters that the government had re-prioritised the economic agenda so as to concentrate on investment in creativity and innovation-based sectors. He said his visit to the US last week had explored mechanisms for joint cooperation on creativity-based economy so as to introduce it in the UAE, which will be the first of its kind in the region.
