Friday, June 14, 2024
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Govt aims to restore financial discipline

The Coalition Government aims to restore financial discipline, re-build fiscal buffers and reorient economic policies for sustainable growth.

Emphasising this during a Fiji Commerce & Employers Federation event at the Holiday Inn in Suva yesterday, Finance Minister, Professor Biman Prasad said this financial year, Government has allocated FJ$9.0 million towards the Ease of Doing Business initiative to promote Fiji as an ideal investment destination.

He revealed that 49 projects valued at $716 million has commenced/completed, with another 39 projects valued around $1.3 billion is under construction.

Prof Prasad also acknowledged the challenges and reaffirmed the Government’s commitment to economic stability and growth.

“There is no doubt that the road ahead will be challenging, filled with obstacles and uncertainties however, to safeguard growth sustainability, and address the hurdles that are holding this nation back, the Coalition Government will re-think, re-strategize and re-align our objectives in the upcoming budget to the betterment of our beloved nation.”

Reginald Chandar
Reginald Chandar
Head of News & Sports | news@fijilive.com

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