The United Arab Emirates economy is expected to grow 1.3 percent in 2009 and 3.2 percent in 2010, the country's economy minister said, despite fears that Dubai's debt woes have worsened prospects for an economic recovery. Inflation is expected to fall to 2 percent by the end of 2009 after declining to 2.5 percent in the first eight months of the year, the official WAM news agency said on Saturday, citing Sultan bin Saeed Al-Mansouri. “The national economy has proved its strength by overcoming the different economic challenges that have stormed global countries due to the global economic crisis”, Mansouri said, reiterating the figure he gave for 2009 growth in November. In November, Mansouri said the UAE's economy would grow by up to 3 percent in 2010.
