55 articles tagged "budget-2023-2024"
The Fiscal Review Committee is recommending a staggered implementation of the departure tax to $170 from 1st April 2025 and $200 from 1st April 2026 (to be pre-announced in the National Budget). In a letter to the
The tourism led economic recovery has kept pace and the recently announced 2023-2024 National Budget will provide additional stimulus and support economic activity going forward. Reserve Bank of Fiji Governor and C
With the passing of the 2023/2024 National Budget, implementation is the key, and regulatory bodies like the Fijian Competition and Consumer Commission and Consumer Council of Fiji must be very attentive to the transiti
Given the recently announced tax increases in the 2023-2024 National Budget, inflation is expected to rise from August onwards and register at 4.7 percent at the end of the year before subsiding to 2.5 percent by the en
The seven-year concession on corporate tax for the bottled water industry is to encourage new players who wish to enter the industry in Tailevu, Ra and Ba, and existing operators who wish to expand operations. Thos
Minister for Home Affairs and Immigration, Pio Tikoduadua has called on some Fijians not to use the Republic of Fiji Military Forces as a platform to achieve their own political ambitions, which they could not achieve b
Deputy Prime Minister and Minister for Finance, Professor Biman Prasad says it's ironical that the FijiFirst Party which increased Fiji's debt by over $7 billion since 2007 is wanting to lecture the new Government about
Fiji Commerce and Employers Federation CEO Kameli Batiweti says the 2023-2024 National Budget is a very good budget and the increase in VAT on non-essential items is relatively well contained. In an interview with
Following the reduction of certain food items in the 2023/2024 National Budget, Deputy Prime Minister and Minister for Finance Professor Biman Prasad says they want to ensure that the Fijian Competition and Consumer Com
Tertiary education will be free for all students who get places for higher education and agree to the bond service. Deputy Prime Minister and Minister for Finance, Professor Biman Prasad says the Government has al
Based on the new revenue reforms announced in the 2023/2024 National Budget, the tax revenue projection takes into account 25 additional tax revenue of around $596.4 million. According to the Ministry of Finance, t
VAT to increase to 15% for items that are not zero rated
We have provided enough funding for the police to fill all the positions. This was highlighted by Deputy Prime Minister and Minister for Finance Professor Biman Prasad when questioned on the police budget, and the
We have increased the grant for the tourism industry this year from the previous years and I feel we have the right man to lead the tourism industry at this moment. This was stated by Deputy Prime Minister and Mini
We are specifically putting resources in this budget to ensure that the Ministry of Finance has a very strong strategic planning economic intelligence unit to be able to inform the Government and the Minister of Finance
There will be a great relief to those who have been affected by termites in the western and northern divisions as the government has allocated $3 million to assist those families whose properties have been damaged.
Minister of Lands and Mineral Resources, Filimoni Vosarogo says the 2023/2024 National Budget is a balanced budget that is people-centred, repairing the wrongs of the past and charting the way for the future for all Fij
Minister for Finance Professor Biman Prasad says the Rewa River Viria Water project has been a major investment and we will see major improvements in water supply after the full commissioning of the project. He say
Government will increase and diversify competency-based training grants, known as Micro Qualifications, through tertiary institutes and private sectors with training facilities, to target immediate labour shortages in a
The government is assisting with the review of the Audit Act 1969 to strengthen the Office of the Auditor-General for which $7 million is provided to fast-track the audit backlog which has been an issue over the year.
