We are putting resources into the budget to ensure strong strategic planning – Prof.Prasad

We are putting resources into the budget to ensure strong strategic planning – Prof.Prasad

By Mosese Raqio
Sunday 02/07/2023

We are specifically putting resources in this budget to ensure that the Ministry of Finance has a very strong strategic planning economic intelligence unit to be able to inform the Government and the Minister of Finance of the policy choices.

This was stated by Deputy Prime Minister and Minister for Finance Professor Biman Prasad during the post-budget talanoa session at the Grand Pacific Hotel in Suva.

Prof. Prasad says while a certain level of decisions is made by the politicians, a large extent is the evidence-based policy making that would take the country forward.

The post-budget forum provided an opportunity for the participants to engage directly with the Minister for Finance and raise questions on how the budget would address the country’s major issues.

Some of the questions asked by the participants were regarding the allocation of funds for seaweed farming and climate change mitigation within the Ministry of Agriculture, the proportion of national debt borrowings internationally and domestically, expenditure on the Lautoka swimming pool, reviewing of the national minimum wage rate and its impact on businesses, documentation of the national strategic plan, incentives on renewable energy and the strategies to improve the delivery of service within the civil service.

Prof. Prasad clarified questions raised by the participants and highlighted that the Ministry of Finance is working on strengthening its planning which was one of the things completely broken down over the years.

The post-budget forum was a joint event between the Fiji Commerce and Employers Federation, Fiji Australia Business Council and Fiji and New Zealand Business Council where hundreds of private stakeholders gathered to seek clarifications on the 2023-2024 National Budget.

2023-2024 Budget Address

Full Budget Coverage and Documents

FEATURE NEWS
There is no disarray - 18% of students yet to redeem their bus cards 8 weeks into the term - Gavoka
The full efficient implementation of the E-ticketing process for students remains an issue as Deputy Prime Minister and Minister for Education, Viliam...
1 hour ago
LATEST NEWS
Nursing Association President Doctor Vudiniabola to appear on fijivillage Straight Talk With Vijay Narayan at 8pm Wednesday
Fiji Nursing Association President, Doctor Adi Alisi Vudiniabola will appear on fijivillage Straight Talk With Vijay Narayan at 8pm this ...
40 minutes ago

FCCC urges people to be aware of advertisements claiming to offer free government-sponsored medical benefits
The Fijian Competition and Consumer Commission is urging the public to exercise caution when encountering online advertisements claiming to offer ...
1 hour ago

Australian Defence Force Chief commends Fijian troops
The Fijian soldiers who participated in the training conducted by the Australian Defence Force were commended by the Australian Defence Force Chief, ...
1 hour ago

64% very concerned on the security of their personal and financial information when using digital financial services
47 percent of consumers surveyed use digital financial services on a weekly basis, 51 percent use mobile money wallets, 24 percent use EFTPOS, 16 ...
1 hour ago

Cremation will help with overcrowded burial space - Tikoduadua
Minister for Home Affairs and Immigration Pio Tikoduadua says cremation will help with the situation of overcrowded burial spaces while speaking on ...
2 hours ago



fijivillage Straight Talk with Vijay Narayan
Latest Videos

Stay tuned for the latest news on our radio stations

CFL radio frequencies
yb
IN DEPTH
SODELPA Management Board instructs Gavoka to hand over Education portfolio to Radrodro
The SODELPA Management Board has now asked SODELPA’s Parliamentary Leader and Deputy Prime Minister, Viliame Gavoka to relinquish his Education ...
4 days ago

Bainimarama and Qiliho's Acquittal Appeal
Coverage on the appeal filed by Acting Director of Public Prosecutions, John Rabuku against the acquittal of the former Prime Minister Voreqe ...
19 days ago

National Program Manager for Fiji 7s, Gareth Baber appears on fijivillage Straight Talk With Vijay Narayan
Gareth Baber appeared on fijivillage Straight Talk With Vijay Narayan to share his plans heading into the preparations for the upcoming tournaments ...
20 days ago

TOP