Cabinet redeploys $78.5 million, with major allocations for film tax rebate and Health PPP
Cabinet redeploys $78.5 million, with major allocations for film tax rebate and Health PPP
Cabinet has approved the third redeployment of funds within the 2024–2025 National Budget to meet additional expenditure demands totalling $78,556,185 (VIP).
The redeployed funds will cover a range of priority areas including health, education, agriculture, and border security.
According to the government, the additional allocations include $22.1 million will be used to clear outstanding film tax rebates, and $10 million has been allocated towards payment under the Health Public Private Partnership.
They say $11 million has been allocated for the Fiji Revenue and Customs Service to procure x-ray machines and $1.4 million as an additional paddy grant to Fiji Rice Limited.
A total of $23.8 million has been allocated for personal emoluments in the Ministry of Education, while the Ministry of Health will receive $10 million for the same purpose.
The Fiji Meats Industry Board will receive $300,000 in operating grant assistance.
Cabinet says this marks the third adjustment within the current fiscal year as government reallocates existing resources to meet critical and time-sensitive financial obligations.
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