Countries around the world will be facing significant challenges relating not only to the environment, but population and education as well. What problems will your country face in the next ten years? How can these problems be overcome?

Every

country

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has

their

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its

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own issues and concerns, which has to be continuously addressed and resolved. These problems are expected to increase over the

next

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ten years. In

this

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essay, I will be discussing the issues which my

country

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has to face and possible solutions to resolve or mitigate these issues. In

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n

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the

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ext ten years

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,

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my

country

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United Arab Emirates (UAE) has to address two major challenges.

Firstly

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, UAE's 40% GDP is dependent upon the

oil

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extraction and refining,

however

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,

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as per the recent geological survey conducted by the local experts, it has been confirmed that

this

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oil

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would be depleted by the end of

y

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the

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ear 2022.

This

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would significantly reduce

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c

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the

a

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ountry's

income

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from

oil

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, which could result in

r

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a

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ecession in the

country

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.

Secondly

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, Increasing population and continuous developments in IT has increased the requirements for

electricity

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, currently

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,

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government is producing only 7% extra

electricity

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as

r

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a

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eserve which should be sufficient to

fulfill

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fulfil

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increased requirements until the end of

y

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the

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ear 2021, but from 20222 onwards, it would be

h

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a

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uge concern for the

country

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as people and many industries in the

country

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are completely dependant upon the current

electricity

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supplied by the

country

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.

Although

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these issues are severe and might be a crisis,

but

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apply

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these problems could be easily resolved by taking

r

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the

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equired precautions and proactive approach.

For example

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, GDP dependency on

oil

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extraction and refining could be easily reduced by diversifying

country

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's

income

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by implementing various fiscal rules and regulations which might include

r

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a

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eduction in

value added

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value-added

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tax (VAT), as per the recent survey,

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c

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the

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ountry could improve its

income

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by reducing its taxes as how it was during the years between 2009 till 2017.

Likewise

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,

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c

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the

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ountry

invest

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invests

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in

d

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a

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ifferent source of

electricity

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including solar panels, wind turbines and water turbines. These new investments would be able to not only generate the required

electricity

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but

also

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create sufficient reserves for any difficult time. In summary, my

country

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faces the risk of load shedding and recession due to the

oil

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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

income

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for the

country

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to reduce dependency on the

oil

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extraction.