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The government under President Mauricio Macri announced to be seeking a new loan from the International Monetary Fund in order to avoid another economic crash similar to the one in 2001. [152] The May 2018 announcement comes at a time of high inflation and falling interest rates. [152] The loan would reportedly be worth $30 billion. [153]
Dubai [a] is the most populous city in the United Arab Emirates and the capital of the Emirate of Dubai, the most populated of the country's seven emirates. [7] [8] [9] The city has a population of around 3.6 million (as of 2022), [10] more than 90% of which are expatriates.
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