Fijivillage
NEWS SPORTS IN DEPTH
6 April, 2026, 5:50 am
Central - 25°C Rain
6 April, 2026, 5:50 am Central - 25°C Rain

$200 million Government Guarantee to FDB important for growing entrepreneurs and farmers – Usamate

$200 million Government Guarantee to FDB important for growing entrepreneurs and farmers – Usamate

By Raynav Chand
09/02/2022
[image: Parliament of Fiji]

Minister for Infrastructure, Lands and Mineral Resources, Jone Usamate says the $200 million Government guarantee is important for growing entrepreneurs and farmers.

He says that the Fiji Development Bank is a critical organisation in Fiji’s economy and that the guarantee period will allow the new and upcoming farmers and businesses to keep growing step by step.

Usamate says FDB is the only bank that is delving into the business sector because it is risky and as leaders we need banks to give money into that sector.

He says micro, small and medium entrepreneurs all need money while subsistence farmers turning to commercial farming need capital.

Usamate also called on the Opposition members to be leaders and to do what is best for the country at the moment.

He says some of the comments from the Opposition do not reflect the fact that the members of parliament think what is best for the country and says that a lot of focus has been put on the elections.

Usamate also called out to the Opposition to be real leaders and to forget the elections.

He says elections will come and some of the MPs will be there and some of them will not be there, but after the elections you want to be able to say that I supported the farmers and entrepreneurs of the country regardless of the election results.

FEATURE NEWS
Category 1 TC Vaianu forms 650km Northwest of Viti Levu, flash flood alert remains
Tropical Depression 11F has intensified and has now been upgraded to a tropical cyclone, officially named Tropical Cyclone Vaianu.The Category 1 syste...
3 hours ago
LATEST NEWS
2 evacuation centres have been opened to assist affected families
After the recent heavy rain being experienced over the weekend, two evacuation centres have been opened to assist affected families by the Fiji ...
11 hours ago

Adi Tulia and Hereniko to appear on fijivillage Straight Talk at 7pm Wednesday
Writer and filmmaker from Ra, Adi Tulia Nacola and Rotuma's first and only playwright, award-winning filmmaker and full professor, Vilsoni Hereniko ...
11 hours ago

Apple marks 50 years of innovation and global impact
Apple is celebrating its 50th anniversary, marking decades of influence in shaping how people use technology in their daily lives. The company’s ...
12 hours ago

Every child needs one adult to trust and believe in them
As Fiji faces increasing challenges with drugs, HIV and non-communicable diseases among young people, every child needs at least one responsible ...
13 hours ago

NDRMO urges early preparedness as TD11F develops north of Fiji
The Fiji National Disaster Risk Management Office (NDRMO) is advising all Fijians to remain alert and begin early preparedness measures as Tropical ...
13 hours ago



Stay tuned for the latest news on our radio stations

CFL radio frequencies
IN DEPTH

Fiji Sports Council Saga: Minister ready to repay business class air fare for wife as concerns grow about Sports Council deals
I was invited to travel to New Zealand by the Fiji Sports Council for a grassroots 7s tournament in 2024, I travelled business class but it was ...
31 days ago

TOP