Riyadh Restores Bonuses for State Employees

The video discusses Saudi Arabia's economic policy, focusing on public sector benefits and their impact on GDP growth, particularly in the non-oil economy. It examines macroeconomic growth in relation to oil prices, with insights from the IMF and Moody's. The discussion includes the government's efforts to reduce the budget shortfall and the importance of confidence in economic recovery. The video also explores the effects of economic measures on bank lending and overall confidence, highlighting the role of consumption in the economy.

What is the expected impact of the government's additional benefits on the non-oil economy?

• An increase of 0.5 percentage points in non-oil GDP growth

• A decrease in public sector employment

• No impact on GDP growth

• A decrease in GDP growth

What was the government's goal regarding the budget shortfall for the year?

• To eliminate the shortfall completely

• To increase the shortfall by 30%

• To reduce the shortfall by 30%

• To maintain the current shortfall

How does the government plan to boost the economy according to the second section?

• By reducing public sector salaries

• By reinstating bonuses and increasing non-oil revenues

• By introducing new taxes

• By increasing oil production

What is a key factor affecting bank lending in Saudi Arabia?

• Stable interest rates

• Increased government spending

• Low consumer confidence

• High oil prices

What percentage of the Saudi economy is driven by consumption?

• 65%

• 48%

• 30%

• 80%