Call For 'Bold Decisions' To Ensure Policies To Reduce Fiji Govt Debt

Bold decisions would need to be made in the upcoming Budget to ensure effective policies are implemented to reduce the country’s overall debt to gross domestic product (GDP) ratio of 85 per cent.

Monday 03 April 2023 | 16:00

Sampras Anand

Reporter

From left: Fiscal Review Committee chairperson, Richard Naidu, during the public consultation in Labasa on March 30, 2023. Photo: Sampras Anand

Bold decisions would need to be made in the upcoming Budget to ensure effective policies are implemented to reduce the country’s overall debt to gross domestic product (GDP) ratio of 85 per cent.

This was the strong remark highlighted by the Fiscal Review Committee chairperson, Richard Naidu, during the public consultation in Labasa, recently.

Mr Naidu responded to queries by a prominent businessman in Labasa, Pinto Industries Pte Limited, managing director, Vishal Narayan.