Government Implements Bold Economic Reforms

The Coalition Government has introduced key economic reforms aimed at strengthening Fiji’s financial stability and ensuring long-term prosperity.

Deputy Prime Minister and Minister for Finance, Hon. Biman Prasad, reaffirmed the Government’s commitment to fiscal responsibility, governance improvements, and bipartisan leadership.

He highlighted major tax adjustments, including VAT changes, corporate tax revisions, and the reinstatement of departure tax, designed to boost revenue while funding social welfare and economic development.

“We have taken a different approach—avoiding inefficient and distortive taxes in favor of a fairer and more effective system.”