Funding from countries helps cushion the blow on our revenue collection from COVID-19 - AG

Minister for Economy Aiyaz Sayed-Khaiyum says the funding they receive from other countries helps cushion the blow with respect to our revenue collection.

Fijivillage had asked Sayed-Khaiyum whether some of the discussions with donor countries is underway after the effect on businesses and revenue collections following the necessary COVID-19 containment zones.

He says when there is a containment zone and some businesses do not open, it impacts government’s revenue collection because the staff do not get paid or there is a reduction in their salary.

Sayed-Khaiyum adds these things are looked at in the budget.

The Attorney General says they can adjust the deficit by the funding they may receive because the good development partners understand what is happening.

He says another way is to tighten the expenditure to make sure that everything which is budgeted for is met.