894 articles tagged "budget"
Prime Minister Voreqe Bainimarama says that the Leader of Opposition Sitiveni Rabuka should be in jail right now for the events that transpired on November 2nd 2000 up at the military camp. Bainimarama says Rabuka
Prime Minister Voreqe Bainimarama says it was very easy to make the decision to cut the pay of all elected officials. The 20% pay cut is for the Prime Minister, Ministers and parliamentarians for the next 6 months.
National Federation Party Leader Professor Biman Prasad says a lot of the measures that have been announced in the COVID-19 Response Budget are only based on what the government can give to employers in terms of tax po
Prime Minister, Voreqe Bainimarama has announced a nationwide curfew from 10pm to 5am every night from Monday, March 30th. Bainimarama says too many Fijians seem to think when the sun goes down, the rule on non non
Attorney General and Minister for Economy Aiyaz Sayed-Khaiyum says the government has revised all expenditure which has meant that there is less money required by Ministries to carry out their work. But he says the
A total of $3.536 billion has been allocated in the COVID-19 Response Budget. The Ministry of Economy says the revised total expenditure takes into account the current spending trend, reprioritisation of capital ex
Processing of new provisional applications for the Film Tax Rebate as well as pending payments will be suspended until further notice. The provisions under the Income Tax (Film-Making and Audio Visual incentive) Re
Overall tax collections are projected at $2.022 billion for the 2019-2020 financial year. This is expected to be lower than the original budget by $1.058 billion, a decline of 34.4%. Compared to the collection
To assist the medical sector during the COVID-19 crisis, importation of the following items will be exempt from Import VAT: -Hand sanitizers and antibacterial hand wash -Gloves -Masks -Disposable hair nets -
Health Minister Doctor Ifereimi Waqainabete has stressed to SODELPA MP Niko Nawaikula to stop lying to people and made it clear that the government did not bring COVID-19 to Fiji. This is after Nawaikula repeatedly
For students repaying Tertiary Education Loans, all repayments will be suspended until 31st December 2020, providing these working Fijians around $10 million dollars in immediate relief.
$50 million has been allocated to the Fiji Sugar Corporation for Cane Delivery Payment. The government is in the process of acquiring FNPF and FHL’s shares in the FSC to meet the legal requirements to convert the
Minister for Economy and Attorney General Aiyaz Sayed-Khaiyum says under the crushing weight of this pandemic, our economy is projected to contract by 4.3% this year, an optimistic projection that depends entirely on th
Sayed-Khaiyum says a COVID-19 Donor Fund has been set up. New Zealand has pledged $3 million and Australia has pledged a total of AUD $12 million. In the wake of COVID-19, the government has had positive discussion
The government will add another $20 million to the education budget to cater mainly for teachers’ salaries now that the total number of teachers working in the country has been consolidated.
The Travel Allowance for the elderly reduced from $40 to $20 per month. Sayed-Khaiyum says the government expects the younger people in the family to assist in doing errands for the elderly following this reduction
To offer serious mortgage relief for homeowners, the government will also be reducing stamp duty rates for Fiji resident taxpayers for mortgages from 1.7% to 0%. Foreign nationals will see their mortgages’ stamp
The Minister of Economy has announced that the government will be raising revenue by increasing the fiscal duty by 20 cents per litre for fuel. Aiyaz Sayed-Khaiyum says thanks to a dramatic reduction in the price o
Minister for Economy, Aiyaz Sayed-Khaiyum has also announced a $40 million top-up for the Health Ministry. Sayed-Khaiyum says this is for more masks, ventilators, set up fever clinics, fund vital awareness campaign
Energy Fiji Limited will now fully match the government’s existing 50% subsidy on the first 100 units of electricity for all of its subsidised customers. This is for the households earning less than $30,000 annua
