Funds allocated for capital projects next year will be redeployed to other capital projects if they are not implemented as expected.
This is according to Finance Permanent Secretary Filimoni Waqabaca who was responding to the Asian Development Bank Pacific Department who said while the capital investment for next year is good, concern was raised on Fiji's capacity to implement all the capital projects.
Waqabaca said Government will be sending out a circular to all ministries and departments that if the funds allocated for the capital projects are not fully implemented, it will be given to another ministry for their capital projects.
However he said they are hoping the $422 million allocation for the road upgrading projects will be fully implemented.
Fiji's economic performance for this year has received good reviews by the Asian Development Bank in its latest Pacific Economic monitor report this month.
A growth pick up of 2.5 percent this year has been recorded despite the January floods which had an impact on the agriculture sector.
Story by: Sofaia Koroitana
