The government will restore the Fiji National Provident Fund workers contribution from 10 percent to 18 percent and undertake a review of the civil servants pay.

The Ministry of Trade is focused on growing the micro, small and medium enterprises and co-operative sector as they form a crucial part of the economy.

The Fiji National Provident Fund will be crediting seven percent interest to around 405,000 member’s accounts tonight.

Fiji’s foreign exchange levels remain strong, standing at over $3.4 billion as of yesterday.

It’s a flat Budget devoid of any innovative measures to grow the economy and address poverty, says Labour Leader Mahendra Chaudhry.

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

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

The National Budget address in Parliament by Professor Biman Prasad:

Google said on Thursday it plans to block Canadian news on its platform in Canada, joining Facebook in escalating a campaign against a new law requiring payments to local news publishers.

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.

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.

Granules India (GRAN.NS) warned of a significant loss of revenue and profitability due to a cyber security attack that the pharmaceuticals company faced late last month.