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4 results for "fiscal-policy"
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.
Former Nigerian Vice President Atiku Abubakar criticized the National Assembly for rapidly approving President Tinubu's $6 billion loan requests without adequate debate or analysis. Atiku alleged the legislature failed in its oversight role, raising questions about the procedural rigor applied to major fiscal commitments. The criticism reflects ongoing political tensions over economic policy and legislative accountability in Nigeria.
Analysis of India's economic exposure to global shocks via energy imports (>80% of crude oil needs) and vulnerable supply chains. The piece argues India must transition toward domestic demand-led growth, diversify energy sources, and strengthen revenue resilience to withstand commodity market volatility and shipping route disruptions.
Nigeria's National Assembly has approved President Tinubu's $6 billion external loan request, with funding from the UAE and UK designated for budget implementation, infrastructure, and refinancing high-cost domestic/external debt. The approval occurs concurrent with a 2026 budget revision to 68.30 trillion naira ($49.38 billion), representing upward adjustment from December 2025 submission. The move reflects Nigeria's continued reliance on external financing amid fiscal pressures and existing debt servicing burdens.