18 December, 2025, 11:21 pm Central - 23°C Clouds

$60 million is a good start to help the vulnerable communities in Fiji - Westpac Senior Economist

$60 million is a good start to help the vulnerable communities in Fiji - Westpac Senior Economist

By Zodelle Bhan
22/07/2022
Westpac Senior Economist, Krishal Prasad

$60 million as part of the Inflation Mitigation Package is a good start for the vulnerable communities in Fiji.

This has been highlighted by Westpac Senior Economist, Krishal Prasad during the Post Budget Panel Discussion at the Reserve Bank of Fiji.

He says the inflation mitigation is not a loan since there are ongoing subsidies such as electricity, water and the $180 being given to the poor.

The Senior Economist also highlighted that the money borrowed for the budget is appropriate as there have been no options since the borders were closed.


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