Radrodro on Budget review
30 July, 2021, 9:30 pm
Government’s plan to review the 2021-2022 National Budget in six months will have everyone holding their breaths and waiting for a miracle to happen.
This was the view expressed by Opposition parliamentarian Aseri Radrodro during debate on the 2021-2022 Appropriation Bill in Parliament on Tuesday.
He said the stark reality was that Fiji was in a cash-strapped situation even though the Economy Minister announced a proposed budget with estimated revenue of $2.08 billion, expenditure of $3.7b and a net deficit of $1.6b.
“As a result of a drop in tax revenue collection and no tourism, no major bonafide investments, massive and widespread unemployment, low sugar production, an extremely high daily statistics of positive COVID-19 cases, it has been forced to opt for a conservative budget,” Mr Radrodro said.
“The fact that it will need to be reviewed in six months’ time is worse for everyone, especially the business community of this country and its workers.
“Everyone I meet now tells me, let’s just all pray that in the next six months nothing will worsen and we will not have paycuts, for instance.”