Saudi Arabia Seen Meeting Budget Target

The video discusses Saudi Arabia's economic performance, focusing on its deficit target and revenue. Despite not meeting revenue targets, underspending has helped Saudi Arabia stay on track with its deficit goals. The video also explores government spending trends and the potential for a recession in 2017, largely due to OPEC-related oil production cuts. Overall, the economic growth remains low but positive.

What is the main reason Saudi Arabia might exceed its deficit target for the year?

• Improved non-oil sector performance

• Lower than budgeted deficit

• Higher government spending

• Increased oil revenue

What is primarily driving the deficit performance in Saudi Arabia?

• Underspending relative to the budget

• Increased tax revenue

• Higher oil prices

• Foreign investments

Which area of spending is notably below the budgeted amount in Saudi Arabia?

• Education spending

• Defense spending

• Healthcare spending

• Capital spending

What is the expected economic condition for Saudi Arabia in 2017?

• Economic boom

• Full year recession

• Stable growth

• Rapid inflation

What is the main factor contributing to the expected recession in Saudi Arabia?

• Cuts in oil production

• Increased government spending

• Decline in foreign investments

• Rising inflation