CLEAN: Tripoli erupts in joy as Kadhafi compound falls

The video discusses the negative impacts of excessive debt, such as reduced growth and higher interest rates, and the need to adjust growth forecasts for 2011 and 2012. It outlines fiscal measures to meet deficit targets, including increased taxation on harmful products. The commitment to structural reforms is emphasized as essential for national interest.

What is the target deficit for the year 2012 as stated in the text?

What is the importance of structural reforms according to the text?