Kuwait Sees Narrower Deficit Next Year Even As Spending Rises

The video discusses various economic topics, starting with assumptions about oil prices and budget planning, highlighting a conservative approach with a $55 oil price. It then shifts to Kuwait's fiscal reforms, noting challenges in reducing government burden and implementing taxes. Finally, it covers Lebanon's economic struggles, emphasizing the complexity of its situation despite investments, with a high GDP debt ratio and the need for structural reforms.

What is the basis for the conservative budget discussed in the video?

• A $55 oil price

• A $50 oil price

• A $60 oil price

• A $65 oil price

What percentage of Kuwait's budget is allocated to salaries and subsidies?

• 60%

• 50%

• 70%

• 80%

What major challenge is Kuwait facing in its fiscal reforms?

• Increasing oil prices

• Increasing government employment

• Implementing VAT and excise taxes

• Reducing foreign investments

How much did the investment in Lebanon amount to?

• $300 million

• $100 million

• $500 million

• $700 million

What is the GDP debt ratio of Lebanon as mentioned in the video?

• 100%

• 121%

• 141%

• 161%