2024-2025 National Budget address by the Minister for Finance
2024-2025 National Budget address by the Minister for Finance Prof. Biman Prasad. 2024-2025 Budget Address 2024-2025 Budget Supplement
Topic: #budget
894 articles tagged "budget"
FCCC to explore price controls and fair profit margins if they see exhorbitant prices charged to consumers
FCCC to explore price controls and fair profit margins if theAs a comprehensive market study into the grocery retail sector continues, the Fijian Competition and Consumer Commission says while it is important for busine
Increase in RFMF budget includes allocation for peacekeeping - Prof. Prasad
Following questions raised about the increase in the budget for the Republic of Fiji Military Forces and what purpose it serves, Deputy Prime Minister and Minister for Finance Professor Biman Prasad has clarified that t
Transport assistance for students increased from $20 million to $37 million
The government’s transport assistance for students has increased from $20 million to $37 million to cover full bus fares for students effective from 1st August 2024. The Fiji Bus Operations Association says the
FTUC welcomes $5 minimum wage increase, calls for further raises and civil servant pay increase
As the national minimum wage is being increased to $5 per hour, the Fiji Trades Union Congress says they welcome the adjustment and they would have preferred it to be effective immediately but we can understand that emp
FRCS expects record tax revenue of $3B by year's end
$3 billion in tax revenue is expected to be collected by the Fiji Revenue Customs Service by the end of this financial year which is probably the highest ever FRCS would collect. Deputy Prime Minister and Minister
Businesses strategize to absorb minimum wage increase without burdening consumers – FCEF CEO
As the national minimum wage is progressively being increased to $5 an hour and there are concerns that the increase in the cost of doing business will be passed down to consumers, Fiji Commerce and Employers Federation
FCCC to look into water tariff rate as Govt makes plans for WAF corporatisation - Prof. Prasad
As the Government intends to take steps over the next six months towards the corporatisation of the Water Authority of Fiji, Deputy Prime Minister and Minister for Finance, Professor Biman Prasad says if the question of
MPs do not deserve a pay rise if they are not performing their duties well - Catanasiga
If the Members of Parliament are not performing their duties well, there is no point in their salaries getting an increase and this is one area that needs to be monitored. This was highlighted by Fiji Council of S
Govt aims to boost revenue through increased departure tax as tourism industry rebounds - Prof. Prasad
As departure tax is being progressively increased to pre-pandemic levels of $200, Deputy Prime Minister and Minister for Finance Professor Biman Prasad says the Government has to make sure that they also collect enough
Dialogue Fiji welcomes increase in minimum wage and social protection allocation
Dialogue Fiji has welcomed the incremental increases in the minimum wage, which is necessary to lift many working Fijians out of poverty and improve their quality of life and the Government’s efforts to respond to the
2024-2025 National Budget still has not met our expectations of steering the economy – FPSA General Secretary
While the 2024-2025 National Budget is welcome news for the 33,000 civil servants, it still, unfortunately, has not met the expectations of the Fiji Public Service Association that it would steer the economy to recover
The budget increase signifies a commitment to support the sugar industry ensuring continued growth and prosperity- Sugar Minister
The budget increase is a significant step in the government's commitment to support the sugar industry, ensuring continued growth and prosperity. This has been highlighted by the Minister for Multi-Ethnic Affairs a
Govt looking into investigating how Health Care Fiji was formed
The Government will be looking at starting an investigation into how Health Care Fiji, which runs the Ba and Lautoka Hospitals was formed as legal requirements were not met and FNPF was ordered by the previous Governmen
$4m allocated to introduce a new scheme to support iTaukei resource owners
$4 million is allocated in the 2024/2025 National Budget to a new scheme to provide interest-free loans to support the development of our iTaukei resource owners and investments by provincial holding companies. Depu
FTA unhappy with increment and demands 30% pay rise for teachers
The Fijian Teachers Association says it is not satisfied with the 7 to 20 percent pay increase for civil servants because the government has not committed to considering their demand for a 30 percent pay increase for te
$150.5M for TSLS to fund 9,940 continuing students and 10,830 new students
9,940 continuing students and 10,830 new students will be assisted by the $150.5 million allocated to the Tertiary Scholarships and Loans Service. Deputy Prime Minister and Minister for Finance Professor Biman Pras
Government incentives for Team Fiji athletes for Olympics are not part of Ministry of Youth and Sports budget - Saukuru
The Minister for Youth and Sports Jese Saukuru has revealed that the 2024 Paris Olympics incentives that were announced earlier are not part of the budget that was allocated to the Ministry of Youth and Sports today.
Total Govt debt projected to reach $10.9B by July 2025
The total government debt is projected to reach $10.9 billion by July 2025 compared to $10.2 billion dollars at the end of July this year. Based on the figures in the 2024/2025 National Budget, the debt to GDP rati
Increments announced for civil servants, wage earners and MPs, and minimum wage rate to go up to $5 an hour
Pay increments for civil servants and those in the independent institutions, the increase in salaries and benefits of Members of Parliament, the President and the Speaker, and a new national minimum wage rate of $5 have