SUNBIZ

Statistics Bureau And FRCS Sign MoU

The Fiji Revenue and Customs Service (FRCS) and Fiji Bureau of Statistics (FBoS) signed a Memorandum of Understanding (MoU) to improve Fiji’s macroeconomic and business statistics. The MoU was signed
02 May 2018 10:00
Statistics Bureau And FRCS Sign MoU
Fiji Revenue and Customs Service chief executive officer, Visvanath Das (left) and Fiji Bureau of Statistics Government statistician Epeli Waqavonovono at the Revenue and Customs Boardroom in Suva. Photo: FRCS

The Fiji Revenue and Customs Service (FRCS) and Fiji Bureau of Statistics (FBoS) signed a Memorandum of Understanding (MoU) to improve Fiji’s macroeconomic and business statistics.

The MoU was signed by FRCS chief executive officer, Visvanath Das and FBos Statistician, Epeli Waqavonovono at the FRCS Boardroom yesterday.

As both parties provide important services to the Fijian Government, businesses and people, this MoU will allow FBoS to access FRCS data in order to improve the range, quality and timeliness of inputs to key economic indicators such as Gross Domestic Product (GDP).

It will also contribute to the establishment and operation of a national business register.

Mr Das said the MoU will enhance the collaboration between both agencies.

“The MOU is a tool to enhance the co-operative relationship between both agencies,” he said.

It is also an achievement for both parties in the context of national interest.

“Revenue and Customs is a key source of data on business income, expenses and capital transactions and on business registration,” Mr Das said.

“This data can be potential inputs to the compilation of statistics including the Fiji national accounts, international accounts and business activity.”

Apart from data sharing, an officer from FBoS will also be seconded to Revenue and Customs.

“We are pleased with the decision to have an officer seconded at Revenue and Customs

to access the records required by FBoS,” Mr Das said.

Mr. Waqavonovono thanked FRCS for the secondment opportunity as it would ensure ease of business.

He also gave assurance that the MoU will allow FBoS to provide timely and robust data with other Fijian government agencies in co-ordinating a scheme of economic and social statistics relating to Fiji.

 

Feedback:  maraia.vula@fijisun.com.fj

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