IMF Says Saudi Deficit Below 10% in 2017

The transcript discusses Saudi Arabia's fiscal situation following an IMF warning about potential financial asset exhaustion. It highlights the country's efforts to adjust its fiscal policies, the challenges of maintaining economic growth, and the need for private sector stimulation. Despite progress, Saudi Arabia faces a high deficit and economic growth that may not suffice for job creation, especially with a bloated public sector and reliance on government spending.

What challenges does Saudi Arabia face in terms of job creation amidst fiscal consolidation?

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What is the significance of the 2030 plan mentioned in the text?

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