Opposition MP, Faiyaz Koya says he thinks the 2023/2024 National Budget is not a positive thing, with the news of VAT being increased.
He says the budget is also not positive for corporate bodies.
Koya says to grow the economy, there has to be growth of the economy for Fiji to get into that space again.
He also highlighted that there are not many incentives in this budget to assist in the growth of the economy.
The Opposition MP says from an investment perspective there is not much in the budget to create a good investment climate, which is what is needed, especially with Fiji coming out of COVID.
When questioned on what ways the government could have handled the situation due to the $10 billion national debt, Koya says this will be known when they debate the budget in Parliament.
2023-2024 Budget Coverage