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3 results for "deficit"

EnergyDeveloping
6.7

Indonesian business lobby urges higher deficit spending cap amid energy crisis

Indonesian business groups are advocating for increased fiscal deficit limits to support energy sector investments during a period of energy supply constraints. The lobbying effort reflects concerns that current budgetary constraints may impede necessary infrastructure and generation capacity expansions. The outcome could affect Indonesia's fiscal policy and energy security trajectory.

Nikkei Asia·ID·about 4 hours ago
Corroborating
TradeDevelopingFeatured
7.8

US maritime competitiveness lags rivals; shipbuilding at <1% global share

BRS Group analysis shows the United States holds less than 1% of global commercial shipbuilding market share and ranks comparably to Vietnam on competitiveness metrics, revealing substantial structural deficits in US maritime industrial capacity. The assessment underscores significant challenges for Trump administration objectives to expand US maritime capabilities. The scope of required industrial restructuring remains unclear.

Splash 247·US · VN·about 4 hours ago
Corroborating
MarketsDeveloping
6.8

Pakistan banks, telcos clash over Rs26bn messaging fee overcharges in Senate hearing

Pakistani banks and telecommunications companies traded accusations before a Senate committee over alleged overcharging of bank customers for SMS services, with both sides blaming each other for the Rs26 billion in disputed fees. Banks claim they operate at a loss (Rs7bn annual deficit) after paying telcos 88% more since 2021, while providing mandatory regulatory and security messages with customer consent. The Senate Finance Committee has demanded detailed transaction records and rate schedules from both sectors and regulatory bodies (SBP, PTA) to investigate.

Dawn (Pakistan)·PK·about 4 hours ago
Corroborating