Abu Dhabi to miss economic growth target

02 February 2010

Mohamed Omar Abdulla, undersecretary at Abu Dhabi's department of economic development, said the emirate will not reach its growth target of an annual 6% to 7% over the next 20 years, Bloomberg has reported. 'We have to make downward adjustments in terms of the growth,' Abdulla told the news service. 'The average growth will be 6% to 7% according to the vision; this will not be the case.' The Abu Dhabi Economic Vision 2030 set growth targets of 7% through 2015 and 6% thereafter.

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