Fijivillage
NEWS SPORTS
23 January, 2021, 9:18 am Central - 30°C Rain

We will ensure Fijians don't lose their homes – AG

We will ensure Fijians don't lose their homes – AG

By Dhanjay Deo , Naveel Krishant
Sunday 29/11/2020
Attorney General, Aiyaz Sayed-Khaiyum. [image: Parliament of Fiji]

Attorney General, Aiyaz Sayed-Khaiyum says government will ensure that Fijians do not lose their homes during this extraordinary period when their employment and income have been affected.

Sayed-Khaiyum met with the board and management of the Fiji National Provident Fund to discuss possible options to assist those FNPF members affected by COVID-19 in their home loan repayment.

He further says they will work together with FNPF and all other financial institutions including commercial banks to assist Fijians so that they do not lose their homes.

Meanwhile, the CEO of the Fiji National Provident Fund, Jaoji Koroi says under their existing housing withdrawal policy, members can access their General Account to reduce or pay off their home loan, provided their funds will reduce the debt by at least 15%.

He says this has been accessed by many members over the years.

Koroi confirms the Fund is in the process of reviewing the home loan repayment option, in light of the economic hardships that many members are facing due to COVID-19.

Koroi says they will make necessary announcements once a decision is finalised.

He adds in the last few months, housing withdrawals have tripled compared to last year and this is a good indication that it’s responding effectively to members’ needs.


Stay tuned for the latest news on our radio stations

CFL radio frequencies
IN DEPTH
Drug and substance abuse in Fiji
Substance abuse including marijuana cases are on the rise amongst students in schools during the COVID-19 period, and urgent action is required.
31 days ago

Tropical Cyclone Yasa
The impacts felt from Yasa were large and wide. Many affected people had their access to essential things, like food and water, cut ...
39 days ago

Ratu Naiqama becomes Leader of Opposition after Rabuka resigns
Rabuka made the announcement while responding to the opening of the 2020-2021 Parliament ...
39 days ago
FEATURE NEWS
AG directs TSLB Board to review decision to raise GPA requirements
Minister for Economy Aiyaz Sayed-Khaiyum has directed the Board and CEO of the Tertiary Scholarship and Loans Board to urgently review the decision to...
2 hours ago
LATEST NEWS
Google threatens to withdraw search engine from Australia
Google has threatened to remove its search engine from Australia over the nation's attempt to make the tech giant share royalties with news ...
1 hour ago

No active cases of COVID-19 in Fiji
There are currently no active cases of COVID-19 in Fiji. The Ministry of Health says there have been no new cases of COVID-19 since the 16th of ...
1 hour ago

Trump’s impeachment trial to start next week
Former US President Donald Trump's impeachment trial over his role in the deadly US Capitol riot is set to begin next week in the Senate. On ...
1 hour ago

More than 2,900 marijuana plants uprooted in Kadavu
More than 2,900 plants believed to be marijuana have been uprooted in Kadavu. In the first raid, 1,800 plants were uprooted from a farm located ...
2 hours ago

New Post Rape Care Clinic opens in Lautoka
People living in the Western Division can now expect rapid response to sexual gender-based violence and child abuse cases after the opening of the ...
15 hours ago

TOP