Saudi Economy: What Are the Chances for a Recession?

The video discusses the economic challenges and opportunities in Saudi Arabia, focusing on the risk of recession, fiscal consolidation, and the impact on GDP growth. It highlights job creation targets, sector performance, and the importance of healthcare and privatization. The video also examines project reductions, economic ambitions in the GCC, and challenges in the banking sector. Finally, it provides an overview of industry performance, noting the underperformance of certain sectors.

What are the implications of the fiscal constraints mentioned in the text?

What does the text suggest about the performance of banks in Saudi Arabia?