Fiji Cham­ber of Com­merce and In­dus­try Hail Bud­get

Fiji Sun - - BIG STORY - FREDERICA ELBOURNE Feed­back:

Fiji Cham­ber of Com­merce and In­dus­try (FCCI) has hailed the 2020-2021 na­tional bud­get as rev­o­lu­tion­ary, and out­side­the-box-think­ing.

Pres­i­dent Nur Bano Ali made the com­ment yes­ter­day at the Fiji’s Eco­nomic Re­cov­ery Plan post bud­get dis­cus­sion in Suva which was hosted by the cham­ber.

Of the 2020-2021 na­tional bud­get, Ms Ali said the Gov­ern­ment had got it right with sweep­ing re­forms such as the abol­ish­ment of stamp duty, re­moval of busi­ness li­cences, re­duc­tion of En­vi­ron­ment and Cli­mate Adap­ta­tion Levy (ECAL), and lots of tax re­forms - all of which make life so much eas­ier for busi­ness.

“If busi­ness re­cov­ers, em­ploy­ment gets back, then the econ­omy re­cov­ers.

“That’s how it works, for any­body who still doesn’t know.” Ms Ali said re­moval of duty would en­able in­di­vid­u­als to ac­cess more goods, for busi­nesses and in­di­vid­u­als alike. She hailed the Econ­omy min­istry for a bold and im­pres­sive set of sweep­ing changes to cre­ate a con­ducive en­vi­ron­ment, re­quired for busi­ness and eco­nomic re­cov­ery, as well as jobs.

Tourism

Mean­while, At­tor­ney-Gen­eral and Min­is­ter for Econ­omy

Aiyaz Sayed-Khaiyum said dig­i­tal­i­sa­tion process was im­por­tant and would be main­tained.

He said $60 mil­lion was pro­vided to Fiji Air­ways. Mr Sayed-Khaiyum said any re­sort that wanted to team up with Fiji Air­ways for pack­age deals, needed to re­duce their ho­tel rates by at least 45 per cent.

“Peo­ple pay now, they can travel later,” he said.

“From Gov­ern­ment side, we will pay $400 per tourist, un­der the pack­age for the first 150,000 tourists.

“We of course will pay the re­bate.”

frederica.elbourne@ fi­jisun.com.fj

The Fiji Cham­ber of Com­merce and In­dus­try’s post bud­get dis­cus­sions on Fiji’s Eco­nomic Re­cov­ery Plan was held at the Grand Pa­cific Ho­tel in Suva yes­ter­day.

Naisoso Is­land de­vel­oper Bob Lowres at the Fiji Cham­ber of Com­merce and In­dus­try’s post bud­get dis­cus­sions on Fiji’s Eco­nomic Re­cov­ery Plan. It was held at the Grand Pa­cific Ho­tel in Suva yes­ter­day.

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