CLEAN : IMF says fiscal reform moving Gulf in right direction

The video discusses the economic impact on the GCC's oil and non-oil sectors, highlighting a growth in the non-oil sector. It details Saudi Arabia's fiscal adjustments over recent years, which have reduced expenditure and are expected to lower the deficit to under 2% in the coming years. The video emphasizes the need for continued fiscal adjustments and structural reforms to diversify the economy, reduce oil dependency, and create jobs.

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