News Government

Govt aims to reduce debt level to 75% - Prof. Prasad

Govt aims to reduce debt level to 75% - Prof. Prasad
Deputy Prime Minister and Minister for Finance Professor Biman Prasad

The Government aims to reduce the debt level to 75 percent in the next two years.

This has been highlighted by the Deputy Prime Minister and Minister for Finance Professor Biman Prasad who says debt levels had reduced from over 90 percent in 2022 to 78 percent.

Professor Prasad says inflation was at an all-time year low of 1.3 percent in 2024 and 1.4 percent in February 2025.

He adds while the path to economic resilience requires difficult choices, their actions are ensuring a more stable and prosperous future for all Fijians.

Stay tuned for the latest news on our radio stations

CFL radio frequencies
Scoreboard
9:50PM
Broncos vs Storm
8:00PM
Sea Eagles vs Dragons
10:00PM
Panthers vs Bulldogs
Malolo vs Ba
Kadavu vs Lautoka
Nadroga vs Navosa
Full Time
Nadi 24–24 Tailevu
Full Time
Suva 36–10 Naitasiri
Full Time
kadavu 17–29 Namosi
1:00PM
Suva FC vs Navua FC
3:00PM
Labasa FC vs Nasinu FC
5:00PM
Rewa FC vs Lautoka FC
7:00AM
Crystal Palace vs Manchester City
11:30PM
Liverpool vs Nottingham Forest
2:00AM
Bournemouth vs Everton