The National Budget address by the Minister of Economy for the 2020-2021 financial year is one of the most important announcements yet, in history of the country.
We take a look at some of the key stakeholders’ expectations from tonight’s national budget announcement.
All eyes and ears will be on the Minister of Economy, Aiyaz Sayed Khaiyum when he will announce the 2020-2021 National Budget tonight.
Government ministries and relevants stakeholders have given their submission in one of the toughest time in our national economy.
With our borders still closed the focus will turn towards on how we can continue to survive in the current situation.
Our future will depend on many factors and the businesses house have to play a critical role.
According to National Federation Party Leader Professor Biman Prasad this is going to be a very difficult budget.
The main focus should be on education, improving Fiji’s health systems, supporting families, unemployed workers and businesses affected by this economic downturn.
The Disability Sector in the country hopes the National Budget for the next Financial Year will address the needs of persons with disabilities in this trying time.
With the majority of persons living with disabilities particularly vulnerable to social and economic exclusion, there is hope that the budget announcement will reflect the national commitment towards mainstreaming disability.
University of the South Pacific Associate Dean Research for the Faculty of Business and Economics, Dr Nilesh Goundar believes with the tourism industry, which accounts for around 35 percent of GDP, having been devastated by travel-related restrictions and the consequent halt in international tourism- the Fijian economy may likely take longer than 2023 to recover.
National Sports Commission hopes to get around five million dollars when the 2020 to 2021 national budget is announced tonight.
Close to 6 point 6 million dollars budget was submitted by sporting bodies to the Fiji National Sports Commission.
Our National Budget build Up will start at 7pm before the Budget Announcement at 7.30pm.