Every
country
has its own issues and concerns, which has to be continuously addressed and resolved. These problems are expected to increase over the Use synonyms
next
ten years. In Linking Words
this
essay, I will be discussing the issues which my Linking Words
country
has to face and possible solutions to resolve or mitigate these issues.
In Use synonyms
Linking Words
n
ext ten years, my Add an article
the
country
United Arab Emirates (UAE) has to address two major challenges. Use synonyms
Firstly
, UAE's 40% GDP is dependent upon the Linking Words
oil
extraction and refining, Use synonyms
however
, as per the recent geological survey conducted by the local experts, it has been confirmed that Linking Words
this
Linking Words
oil
would be depleted by the end of the year 2022. Use synonyms
This
would significantly reduce Linking Words
Use synonyms
c
ountry's Add an article
the
a
income
from Use synonyms
oil
, which could result in a recession in the Use synonyms
country
. Use synonyms
Secondly
, Increasing population and continuous developments in IT has increased the requirements for Linking Words
electricity
. Currently, the government is producing only 7% extra Use synonyms
electricity
as a reserve which should be sufficient to fulfil increased requirements until the end of the year 2021, but from 20222 onwards, it would be a huge concern for the Use synonyms
country
as people and many industries in the Use synonyms
country
are completely dependant upon the current Use synonyms
electricity
supplied by the Use synonyms
country
.
Use synonyms
Although
these issues are severe and might be a crisis, these problems could be easily resolved by taking the required precautions and proactive approach. Linking Words
For example
, GDP dependency on Linking Words
oil
extraction and refining could be easily reduced by diversifying Use synonyms
country
's Use synonyms
income
by implementing various fiscal rules and regulations which might include a reduction in value-added tax (VAT), as per the recent survey, Use synonyms
Use synonyms
c
ountry could improve its Add an article
the
income
by reducing its taxes as how it was during the years between 2009 till 2017. Use synonyms
Likewise
, Linking Words
Use synonyms
c
ountry can invest in different sources of Add an article
the
a
electricity
including solar panels, wind turbines and water turbines. These new investments would be able to not only generate the required Use synonyms
electricity
but Use synonyms
also
create sufficient reserves for any difficult time.
In summary, my Linking Words
country
faces the risk of load shedding and recession due to the Use synonyms
oil
depletion and these risks could be highly mitigated through investing in sustainable green energy sources to ease load shedding issues and introducing new fiscal rules to improve the sources of Use synonyms
income
for the Use synonyms
country
to reduce dependency on the Use synonyms
oil
extraction.Use synonyms
MK