CLEAN : Gulf should adjust to new oil price reality: IMF

The video discusses the economic adjustments required due to lower oil prices. It highlights the need for countries to balance spending and make strategic plans to ensure fiscal stability. GCC countries are in a better position due to their financial savings during high oil prices, but they still face challenges. The importance of setting medium-term plans to boost investor confidence is emphasized.

What percentage deficit are countries running today according to the text?

What adjustments do countries need to make in response to lower oil prices?

What is the expected range of oil prices by 2020?

What is the importance of laying out medium-term plans for countries facing lower oil prices?

How much financial savings have GCC countries built during high oil prices?