FCCC tells businesses to pass down tax and duty reductions to consumers
Fijian Competition and Consumer Commission CEO, Joel Abraham says they have already started work to ensure that duty and tax reductions announced in the 2020/2021 Nationa
Tag: Budget
$85 per tonne cane payment for farmers will stay – Yogesh Karan
Permanent Secretary for Sugar, Yogesh Karan says the guaranteed cane price of $85 per tonne will remain and has also asked cane farmers not to panic. Karan says the g
Fiji Sports Commission to hold meetings with sporting bodies this week on the allocation of funds
The Fiji Sports Commission will be meeting with different sporting bodies this week to get clarification on the amount of funds that will be distributed to them next week
Fiji’s borrowing is in line with the global trends – Institute of Accountants
The Fiji Institute of Accountants has today commended the National Budget 2020/2021, congratulated the government for delivering such a people and business-centric budget
Fiji FA commends govt for removing minimum threshold for tax deduction for sports sponsorship
The Fiji Football Association has commended government for removing the $10,000 minimum threshold for 150 percent tax deduction for sports sponsorship. According to th
Unemployment benefit of people to be reviewed after 5 weeks - Sayed-Khaiyum
Minister for Economy, Aiyaz Sayed-Khaiyum confirms the unemployment benefits announced in the 2020/2021 National Budget will be for five weeks after an application is ma
The current priority of families is not to use their hard-earned money to purchase white goods and luxury items in abundance – NFP Leader
National Federation Party Leader, Professor Biman Prasad says the reduction and elimination of duty on 1,600 items will not have a positive impact on the livelihood of th
WAF will not disconnect Fijians affected by COVID-19 despite reduction in budget allocation for 2020/2021
The Water Authority of Fiji says they will not disconnect Fijians who are genuinely impacted by COVID-19. WAF has been allocated $195.4 million in the 2020/2021 Nation
Massive reduction in taxes announced in the National Budget is expected to stimulate business and consumption activity – Govt
The government says the massive reduction in taxes announced in the 2020/2021 National Budget is expected to stimulate business and consumption activity. It says that
Major construction projects like the new PM’s Office, CWM Maternity Ward, Labasa Hospital and some Police stations to continue
The Ministry of Economy confirms that major construction projects like construction of the new Prime Minister’s Office, the CWM Maternity Ward, Labasa Hospital in
Drop in new TELS awards and National Toppers scholarships and qualifying mark moved up from 200 to 250 next year
The government has taken a number of measures to streamline its capital spending in the 2020/2021 National Budget including what it calls belt-tightening measures for the
Fiji Airways begins work to register hotels and resorts for the Tourism Recovery Package
Fiji Airways says it is now working on registering interested hotels and resorts to participate in government’s Tourism Recovery Package. Government has allocat
NFP to move motion during budget debate to restore guaranteed sugar price to $85 per tonne
The National Federation Party says they will move a motion during the budget debate to restore the guaranteed sugar price to $85 per tonne from $70 to give the livelihood
Services expected to pick up in many folds with the regularization of more Special Constables – Qiliho
Police Commissioner Sitiveni Qiliho says with the regularization of more Special Constables in the next financial year, he expects to see the services to pick up in many
NZ still has a few timelines to meet before Fiji drops quarantine requirements- AG
Attorney General and Minister for Economy Aiyaz Sayed-Khaiyum says New Zealand still has a few timelines to meet before Fiji drops quarantine requirements for NZ tourists
Interest rates won't come down to 2 or 3 percent- Saud Minam
ANZ Country Head and Association of Banks Board member Saud Minam says expecting interest rates to be reduced to as low as 2 or 3 percent is not possible. Minam highli
Reduction in Motor Vehicle Accident Levy will not affect compensation – Parvez Akbar
Accident Compensation Commission of Fiji CEO, Parvez Akbar says the reduction in the Motor Vehicle Accident Levy will not affect their ability to compensate victims of ac
National Farmers Union to request PM to revert the guaranteed cane price to $85 per tonne
National Farmers Union General Secretary Mahendra Chaudhry says they will be writing to the Prime Minister and Minister for Sugar Voreqe Bainimarama requesting that the g
People welcome the reduction in duties and taxes and continued support for the unemployed
The 2020/2021 National Budget has received a lot of positive response from members of the public who believe that budget has eased their burden especially with the tax re
Consumer Council to work with FRCS and FCCC to ensure consumers reap the benefits of the reduction of duties and taxes
Consumer Council of Fiji CEO Seema Shandil says they will be working with all relevant stakeholders including the Fiji Revenue and Customs Service and the Fijian Competit
14.1% GDP growth expected next year depending on visitor arrivals- RBF Governor
Governor of the Reseve Bank of Fiji Ariff Ali says GDP growth is expected to be about 14.1 percent on an assumption that visitor arrivals for next year will be 50 percent