Fiji To Spend $4.8 Billion Despite Growing Budget Deficit

Date:

Fiji To Spend $4.8 Billion Despite Growing Budget Deficit

Fiji Deputy Prime Minister and Minister of Finance Biman Chand Prasad speaks during the resumed High-Level Segment on day eight at the UNFCCC COP29 Climate Conference in Baku, Azerbaijan, on Nov. 19, 2024. Sean Gallup/Getty Images

Fiji’s Deputy Prime Minister and Minister for Finance Biman Prasad has revealed the small Pacific nation will spend FJ$4.8 billion (US$2 billion) in this year’s budget.

It means each of its approximately 933,000 citizens gets around $5,145—almost the same as the Australian federal budget allocates to each of its citizens.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Government-Controlled AI Could Enable Surveillance, Impact Free Expression: Report

A person types on a computer keyboard in Toronto...

Carney, Liberals Say Theyre Waiting on Committee Report to Decide on MAID Extension

Prime Minister Mark Carney makes his way to question...

Norway to Reopen 3 Gas Fields Shut Down in 1998

Statoil's Sleipner gas platform, some 250 kms off Norway's...

China Hit by Strait of Hormuz Disruption as Beijings Mediation Efforts Falter: Insiders

Ships and boats in the Strait of Hormuz, Musandam,...