News

Post budget forum clarifies budget issues

November 27, 2014 12:15 am

The Acting Prime Minister and Minister for Finance Aiyaz Sayed-Khaiyum says people need to look at the overall rationale when policies are put in place.

Sayed-Khaiyum says some people are only looking at particular areas and ignoring how the budget announcement will impact the economy as a whole.

He says the 2015 budget is a continuation of what is already in place and to ensure that there is consistency in all the policies.

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‘’I was talking to one major company who is also a wholesaler and retailer on the weekend and this particular company is going to be hit hard because of the increase in jewelleries and perfumes, but what they said was quite refreshing. They said they understood the overall goal of the budget and the overall goal of the economic policies that has already been put in place’’.

Sayed Khaiyum made the comments at a post-budget Forum held in Suva last evening.