Fijian Economy in a very good position compared 10 years ago - AG

Fijian Economy in a very good position compared 10 years ago - AG

By Vijay Narayan
Wednesday 20/07/2016
Minister for Economy, Aiyaz Sayed-Khaiyum speaking to participants of the Leadership Fiji program in Suva earlier today. (Photo: Fijian Govt)

The Fijian economy is in a very good position compared to more than 10 years ago.

Minister for Economy, Aiyaz Sayed-Khaiyum made this comment while speaking to participants of the Leadership Fiji program in Suva earlier today.

Sayed-Khaiyum says Fiji has had 7 years of unprecedented growth and the growth rate in the past 4 years is more than 4%.

He says this means more prosperity for everyone as no one is left behind.

Sayed-Khaiyum says the government has focused on targeted assistance.

He says the free education, free medicine, subsidised electricity costs, and free water programs are working for people who need this assistance the most.

The Minister for Economy says 16,000 to 17,000 students are in universities at the moment after they were assisted by the government under the Tertiary Education Loans and Scholarships Scheme.

He says this is investing in the human capital in Fiji which was severely affected after the 1987 coups.

Sayed-Khaiyum also says that a lot more needs to be done as they continue to focus on building new infrastructure and rebuilding those that have been neglected for years.

He says some people are saying the Fiji Roads Authority budget is enormous.

However they need an enormous budget to fix our infrastructure.

Sayed-Khaiyum says with the road conditions and the environment around Nadawa improving, the garment factory owners can now bring their Australian clients for a visit.

He also highlighted that the 4 lane road in Nadi will benefit the people of Fiji and tourists.

All the electric cables are underground on this road and there are no electric poles. They only have street light poles.

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