Tuesday 3 March 2009

Abu Dhabi may fine-tune 5-year plan

The global slowdown could prompt adjustments in Abu Dhabi’s economic plans for the next five years, but it will not cause any modification of the emirate’s plan to diversify and expand its economy in the long run, a government official says.

“The principles and priorities for the 2030 plan have not changed,” said Mohammed Abdullah, the undersecretary of the Abu Dhabi Department of Planning and Economy, referring to the long-term blueprint for the emirate.

“However, we are taking into consideration the economic challenges for the shorter, five-year plan.”

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