In the 10 poorest countries in the world, the average per-capita purchasing power is less than $1,500 while in the 10 richest it is over $110,000, according to data from the International Monetary Fund (IMF). In 2020, the economy shrank by 3.9%, knocking the nation into recession for the first time in more than a decade. In the second quarter of that year, the United Arab Emirates (IMF) slipped out of the IMF’s ranking of the richest countries globally for the
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