Economy Not In Good Shape: Roberts
Those were the words of Fiji Employers Federation Chief Executive Ken Roberts who said already the economy is not in a good shape.
Roberts said the state of the economy at present is mainly because of two influences, the remnants of the December 5th 2006 coup situation and the general unease as a result of the world international credit situation adding that its effects need to be addressed.
Meanwhile, the Shangri-la's Fijian Resort and Spa and 2008 two time winner of the Fiji Australia Business Council Export Award also said with our competitor countries lowering their tourism prices, Fiji does not need an increase in taxes.
With the 2009 National Budget tomorrow, General Manager David Hopcroft said an increase in taxes would be devastating for the tourism industry.
Hopcroft added tourism can help the Fiji economy in the short run.
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