Monitoring of exorbitant price hikes of goods and taking action against unscrupulous businesses who are not passing down tax or duty reductions announced by the government will be carefully looked at in the 2025/2026 National Budget.
Deputy Prime Minister and Minister for Finance, Professor Biman Prasad agrees that while cost of living remains a global issue, he is now planning to put in effective measures to deal with certain issues that can assist people.
Professor Prasad says they expect the FCCC, Consumer Council of Fiji, the Fiji Revenue and Customs Service and the Ministry of Finance to carefully monitor the policies and ensure that the benefits are passed down to the people.
Professor Prasad will deliver the 20205/2026 National Budget address at 10am next Friday.
@fijivillage.com 📌We will monitor exorbitant price hikes and take action against unscrupulous businesses – Prof. Prasad 📽️Reductions should be passed down to consumers
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