Saudi Targets Higher Spending to Bolster Economic Growth

Saudi Targets Higher Spending to Bolster Economic Growth

Assessment

Interactive Video

Business

University

Hard

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The video discusses Saudi Arabia's economic challenges, focusing on government spending, unemployment, and growth projections. Despite plans to increase liquidity and create jobs, the private sector's growth remains insufficient. The government aims to channel oil revenues into the economy, but non-oil GDP growth is still low. The discussion highlights the need for strategic revenue utilization to boost job creation and economic growth.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns were raised regarding the government's revenue and spending figures?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the oil windfall for Saudi Arabia's economy?

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