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PM: Grant Scheme Will Continue

  Government intends to continue its disbursement of Micro and Small Business Grant scheme, Prime Minister Voreqe Bainimarama announced yesterday. While addressing the 903 grants recipients, the PM said they
16 Jun 2016 09:35
PM: Grant Scheme Will Continue
Prime Minister Voreqe Bainimarama(middle),Minister for Industry,Trade and Tourism Faiyaz Koya(left) with Recipients of the Micro & Small Business Grants at Nasinu Grounds yesterday.Photo:Vilimoni Vaganalau.

 

Government intends to continue its disbursement of Micro and Small Business Grant scheme, Prime Minister Voreqe Bainimarama announced yesterday.

While addressing the 903 grants recipients, the PM said they would continue the scheme because it was an important component of the Government’s overall effort to grow the national economy.

He reminded the recipients they would not get cash, but a cheque made out to the supplier of the goods they have asked for.

In this way he said the system was much more transparent and much less open to abuse.

Mr Bainimarama said they were now part of the Fiji Development Bank’s system.

“The FDB knows that the Government has given you a tick of approval,” he said.

They are opening up the mainstream banking system in Fiji to people who were once excluded and to keep them out of the clutches of loan sharks and other unscrupulous people.”

The men and women who received their cheque grants of $1000 each are among the 7744 successful applicants last year.

“I must apologise that it has taken so long to reach you and another thousand or so who have yet to receive their allocation,” he said.

“The aftermath of Tropical Cyclone Winston had required a lot of time, energy and resources to assist those most in need but I thank you for your patience.”

He urged all the recipients to be loyal in using the money Government had entrusted them with.

Yesterday’s disbursement was the 14th made across the country. So far costing $5.5million.

Edited by Naisa Koroi

Feedback:  maikab@fijisun.com.fj

 

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