Prime Minister and Minister for Finance Commodore Frank Bainimarama had authorized an increase in the monthly VAT budget for the Fiji Islands Revenue and Customs Authority by $10 million.

Commodore Bainimarama said in governments efforts to support the ongoing development and growth of private enterprises and to keep the economy stimulated, he has directed FIRCA to settle outstanding VAT compliant companies claims as soon as possible to clear any back log.

He said government remains confident that these measures will continue to encourage private companies to invest in Fiji.

Meanwhile, Commodore Bainimarama said their efforts to curb non-essential spending and tighter finance control measures were working well across whole of government.

He said first quarter results were good with a small surplus recorded, however, more effort has to go into implementing the planned capital works programs.