Minister for Economy, Aiyaz Sayed-Khaiyum says they are mulling over the proposals that have been put forward to reduce taxes and duties in the tourism sector and in other areas however he says the concerns remain on whether any reductions will result in changes to the pricing structure in the hotel industry.
While speaking in the 2020/2021 National Budget consultation in Lautoka, Sayed-Khaiyum says the government could be looking at incentives for those hotels and resorts who will look at offering attractive tourist packages with Fiji Airways.
Sayed-Khaiyum says duties on goods are significantly reasonable at the moment and there have been concerns raised in the past where the reduction of duties have not been passed on to the consumers.
He made the comment after a question raised by businessman, Abdul Khan for the government to look at reducing duties on imported goods to spur construction activity.
The Minister says the government knows that this is a good time to build and they are looking at options.
Stay tuned for the latest news on our radio stations
