PM says they want to have a mini budget as quickly as possible while Prof. Prasad says there will be no mini budget

PM says they want to have a mini budget as quickly as possible while Prof. Prasad says there will be no mini budget

By Naveel Krishant , Rashika Kumar
Friday 03/02/2023
Prime Minister, Sitiveni Rabuka and Deputy Prime Minister and Finance Minister, Prof. Biman Prasad

Prime Minister Sitiveni Rabuka says they want to have a mini budget as quickly as possible and he thinks it will be in the next parliamentary sitting in March.

Rabuka says there will have to be a mini budget because there is some reallocation that cannot be done according to law.

He says this will necessitate a supplementary or mini budget to be issued - as long as they do not have any extra funding.

Meanwhile, Deputy Prime Minister and Minister for Finance, Professor Biman Prasad says he will talk to the Prime Minister about this however, he reiterates that there will be no mini budget.

He says they have under the Financial Management Act redeployed funds to ensure the reassignment of Ministries and allocation of budget is undertaken and they have done that successfully.

Professor Prasad says they will have a new budget in two or three months. When questioned by fijivillage News about where funds will come from for new Ministries such as the Ministry of Multi-Ethnic Affairs, Professor Prasad says it is not just the Ministry of Multi-Ethnic Affairs but it is the Ministry of Multi-Ethnic Affairs and Sugar.

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