This is to encourage the consumption of local chickens. To curb the issues of traffic congestion, 10 percent ECAL will be imposed on all new and used hybrid vehicles and all new and used non hybrid vehicles. The Ministry of Housing and Community Development have been allocated $17.2 million. The Police Force is allocated $800,000 to combat drug trafficking, with dedicated staff tasked with finding and rooting out networks of hard and synthetic drug dealers and suppliers. The 10 percent ECAL will also be levied on the import of smart phones, air conditioners, freezers/refrigerators, television, washing machines, dryers, dishwashers, electric stoves, microwaves and electric lawn mowers. When someone applies for government services, people's basic information can be checked and they no longer have to go to the Births Deaths and Marriages Office if they qualify for Social Welfare Assistance. A 200 percent tax deduction has been offered for film production companies to set up in Fiji. The National Budget 2019-2020 announcement date has been confirmed for Friday, 07 June 2019. The Social Housing Assistance continues with an allocation of $1 million. Mr Sayed-Khaiyum said this was in response to the COVID-19 coronavirus pandemic. They can only travel from home to school and back and cards can only be used upto 4.30pm. The Ministry’s capital expenditures has decreased following the completion of cyclone related rehabilitation. Sayed-Khaiyum says worldwide there has been a five percent contraction in the economy, which has been the worst in 100 years. The Young Entrepreneurship Program or the YES Program will continue. The Total Government Revenue is expected at 3.491 billion dollars in the next financial year. The government has announced tax deduction for certain business arenas in Fiji as the country strives to new economic recovery activities. $650,000 will go to our 15s side to fund preparations for the Rugby World Cup year. A new program of cadetship for incoming civil servants will also be implemented. The projected expenditure is expected at 3.84 billion dollars. #FBCNews #FijiNews #Fiji #FJBudget Posted by FBC News on Friday, 17 July 2020 Keep Connected With The Latest News, Weather, And Sports on Fiji's Best Radio stations. Duty for new buses has been reduced from 5 percent to 0 percent. This will be effective from 1st January, 2020. $250,000 allocated to build mini markets. He says Rabuka has not taken any lessons through his disastrous economic blunders. This is … A major initiative in the tourism sector that was announced in the 2019/2020 budget is the Tourism Fiji Marketing Grant. FCCC has also reviewed mobile termination rates. Aiyaz Sayed-Khaiyum says redundancies and waste are being rooted out in the civil service. Concurrently, another $3.2million is planned in investment towards refurbishing the emergency department at the Colonial War Memorial Hospital and Nausori Health Centre. He also says that global growth is softening according to the World Bank however the Fijian economy can outperform our trading partners in the new financial year. Deputy Police Commissioner ACP Rusiate Tudravu says the funds allocated to them is more than enough to combat the rising issue of drugs in the country. Sayed-Khaiyum says this budget paves the way towards greater triumph. Fiji Chamber of Commerce President Doctor Nur Bano Ali says that this budget will ease processes for businesses through digitization and enhanced services. The customs and import duties will be effective from midnight tonight. Import Excise Duty will increase from 0 percent to 10 percent for imported chickens. Transport Minister Jone Usamate says it is good that people will now use e-transport cards for mini buses from next year. Sayed-Khaiyum says Rabuka should realize that his false accusations on the economy are dangerous. $6.9 million has been allocated to move technical colleges to the Fiji National University. The 2019/2020 National Budget has been announced with many initiatives focusing on protecting our environment, expansion of ECAL or the Environmental and Climate Adaptation Levy on goods including vehicles, increased duty on new and used hybrid and non-hybrid vehicles, targeted assistance for people, reduced government expenditure and a target of economic growth for straight 11 years. GOVERNMENT must ensure that teachers are remunerated accordingly and this must be set out in the 2019/2020 National Budget which will be announced tomorrow night. There were over 50,000 engagements on facebook as part of the budget consultations. PO Box 334, Suva, Fiji. 2 3. A major initiative in the tourism sector that was announced in the 2019/2020 budget is the Tourism Fiji Marketing Grant. Minister for Economy Aiyaz Sayed-Khaiyum says just because the budget for a ministry has dropped does not mean they will not perform to what they were doing. Fiji's Opposition Leader Sitiveni Rabuka says the government has manipulated the numbers in its Covid-19 response Budget unveiled on Thursday. Fiji's government has projected a $US1.7 billion National Budget for the 2020-2021 financial year. There will be a 50 percent investment allowance for building warehouses. 120 million dollars has been collected through ECAL so far this year. He says our young people do not want to be intimidated by fear mongering by Rabuka. “Fiji’s situation demands extraordinary actions to minimise the brunt of the global economic downturn,” Mr Sayed-Khaiyum said. $29.8 million was allocated to Tourism Fiji to continue global branding initiative in target markets to ensure that Fiji remains a top holiday destination and maintains its growth in the tourism sector. $400,000 allocated to construct public restrooms along highways. 100 percent of employer contribution to FNPF will now be tax deducted. Fiji recorded a Government Budget deficit equal to 4.80 percent of the country's Gross Domestic Product in 2018. The government and Opposition unanimously agreed to amend the April-November sittings. Fijians travelling to other countries can use E‑Passport gates. Government Budget in Fiji averaged -2.50 percent of GDP from 1992 until 2018, reaching an all time high of 5 percent of GDP in 1998 and a record low of -6.50 percent of GDP in 2001. Toddler packed into suitcase at the height of TC Yasa, NZ aid aims to assist 700 affected households, Australia to provide $4.5m humanitarian relief, Women’s safety in evacuation centre prioritized, Gavoka pleased with the spirits of Northern people, Ministry purchases crops from affected farms, NFP calls on EFL to help clear road networks, Navakasali villagers grateful for timely assistance, Malawai Residents rebuilding following TC Yasa, Shipping service providers under the spotlight, New Zealand announces another $2m in assistance, Agriculture Ministry sends assistance to affected communities, PM surprises Nadogo students, wishes them well, EU pledges around $2m to support TC Yasa victims, Initial assessment: More than 300 homes damaged, https://www.fbcnews.com.fj/wp-content/uploads/2020/07/18.07.20LR-Stimulus-8am.mp3. From June 14th, 24/7 services will be available for Registrar of Companies on Digital Fiji App. FNU allows cross transfers so TELS will continue to fund students going for that. Welcome to this National Budget Announcement. The Attorney-General and Minister for Economy, Aiyaz Sayed-Khaiyum, last night announced a $3.67 billion national budget for the financial year 2020-2021, aimed at the recovery of the Fijian economy after the outbreak of the COVID-19 pandemic. The debt to GDP ratio will be down by 6 percent compared to the last budget. $54.4 million allocated to the Judiciary. Unity Party leader Savenaca Narube said Mr Khaiyum should seek to change his attitude and rethink his Budget for the 2020-2021 financial year. The Minister for Economy Aiyaz Sayed-Khaiyum also says that the Asian Development Bank and the World Bank are stepping in to assist by refinancing Fiji’s loan obligations with policy based loan support that is contingent on the progress for the reforms. There is a delay in the announcement of the COVID-19 response budget. ... And for all those who are following along and commenting on social media, please use our hashtag “Fiji Budget” to share in this nationwide conversation. The Minister for Economy says Fiji aims to recover it’s oceans and will issue Blue Bonds and build a Blue Fiji. The Minister for Economy says the Bainimarama Boom is a boom for everyone. The Minister going on to say that over 300 million jobs have been lost world wide and a further 1.25billion jobs at serious risks. Plans are underway for a National ID Card. The program will be monitored in the rural and maritime areas. E‑Transport for mini buses will start from the next year. For business registrations, streamlining processes will be undertaken. However, Seeto says they were hoping for the ECAL rate to be dropped. 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