On April 12th, the Gulf Daily reported that the International Monetary Fund (IMF) expects the GDP growth rate of the Émirats Arabes Unis to be 3.5% in 2023 and 3.9% in 2024. According to a report released by the IMF, the inflation rate in the United Arab Emirates is expected to drop to 3.4% in 2023 and 2% by 2024. The IMF also predicted that the current account surplus of the United Arab Emirates would improve, with the balance accounting for 7.1% of GDP in 2023 and 7% in 2024.