Budget 2023-24

Health budget to address staff shortage

The salaries and wages budget for the Ministry of Health and Medical Services has been increased.

June 30, 2023 10:56 am
 

Budget 2023-24

Social Welfare benefits increase

The Ministry of Women, Children, and Poverty Alleviation budget has increased by $52.5 million, and now stands at $200 million.

June 30, 2023 10:55 am
 

Budget 2023-24

Two VAT rates from August

Effective from August 1st there will only be two rates of Value Added Tax says Finance Minister, Professor Biman Prasad.

June 30, 2023 10:50 am
 

Budget 2023-24

5% increase on alcohol and tobacco excise duty

There will be a five percent increase on the alcohol and tobacco excise duties.

June 30, 2023 10:47 am
 

Budget 2023-24

Fiscal deficit reduces dramatically

Fiji’s overall net deficit for the financial year 2023 -2024 has reduced by almost 50 percent.

June 30, 2023 10:44 am
 

Budget 2023-24

WAF budget allocation increases

The Coalition Government is scaling up the investment in the water sector with an increased budget of $250.8 million.

June 30, 2023 10:40 am
 

Budget 2023-24

BUDGET UPDATE

The National Budget address in Parliament by Professor Biman Prasad:

June 30, 2023 10:30 am
 

Budget 2023-24

Government commits to climate insurance

The People’s Coalition government is adopting strategies to better address the impacts of climate change in the country.

June 30, 2023 10:11 am
 

Budget 2023-24

Health system on the verge of collapse: Prasad

Finance Minister, Professor Biman Prasad says the coalition government inherited a national health system that is on the verge of collapse.

June 30, 2023 9:55 am
 

Budget 2023-24

$1b needed to service public debt

Finance Minister, Professor Biman Prasad says the government must find a staggering one billion dollars to service the public debt of close to $10 billion in the upcoming financial year.

June 30, 2023 9:54 am
 

Budget 2023-24

Major reduction in the deficit says Prasad

The Government’s total expenditure is $4.3 billion with a projected revenue of $3.7 billion.

June 30, 2023 9:50 am
 

Budget 2023-24

Government raises expenditure ceiling to $4,339.9 million

The Coalition government states that the economy is in a recovery mode and is therefore positioned to rebuild its fiscal buffers through a strategically crafted fiscal consolidation plan.

June 30, 2023 9:48 am

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