The UAE’s GDP grew 2.2% Y-o-Y in 1Q19 as the non-oil sector continued to gain momentum on the back of government spending, the Central Bank said. The non-oil economy grew 1.6% Y-o-Y in 1Q19, the banking regulator said in its quarterly economic review. The aggregate economic growth is underpinned by government spending and picking up in private sector demand, the central bank said in the review. To boost non-oil sector growth, the UAE's federal and emirate governments rolled out stimulus packages in line with UAE Vision 2021. Last month the central bank revised its overall 2019 economic growth forecast to 2% from 3.5%, as Opec’s third-largest producer reduced output and the global economy continues to slow on the back of trade tension between the US and China. The UAE economy accelerated 1.7% last year, the latest central bank data showed.