IMF Urges KSA to Boost Welfare and Tackle Wage Bill

The video discusses Saudi Arabia's economic reforms, focusing on subsidy cuts and their impact on disposable income. It highlights the challenges of balancing short-term economic relief with long-term goals of reducing oil dependency. The discussion extends to inflation in the GCC region, emphasizing food inflation and its potential to cause social unrest. The video also explores oil price dynamics, considering OPEC's role and the implications of supply and demand imbalances.

How is food inflation affecting the region, particularly in Saudi Arabia?

What factors contribute to the inflation basket in Saudi Arabia?

What potential social unrest could arise from food price inflation?