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31 March, 2020, 10:42 pm
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31 March, 2020, 10:42 pm Central - 25°C Clouds

Business community to come together and discuss what sort of help they will require from government

Business community to come together and discuss what sort of help they will require from government

By Dhanjay Deo
Monday 16/03/2020

The business community will come together today and discuss what sort of assistance and government intervention they will require to survive in the coming months.

Minister for Industry, Trade and Tourism, Premila Kumar has already stated that the government has to align its supplementary budget towards tackling the adverse impacts of COVID-19.

Following the discussions today, the Fiji Chamber of Commerce and Industry will prepare submissions which will be given to the Ministry of Industry, Trade and Tourism.

Some Government Ministers will also be part of this forum and will hear first hand the challenges and difficulties faced by businesses, particularly small businesses.

The President of the Fiji Chamber of Commerce and Industry, Dr. Nur Bano Ali says business will absolutely slowdown as supply chains will be affected.

Dr. Ali says they will come up with targeted policy initiatives that can be taken on board by government to help businesses.

She says small businesses are most affected during this kind of period as they are vulnerable and do not have lots of reserves to keep them alive.

The business forum will be held today at the Grand Pacific Hotel in Suva.

Attorney General and Minister for Economy, Aiyaz Sayed-Khaiyum will present a Supplementary Budget to parliament at 7.30pm next Thursday.

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