I am concerned about Chinese loans - Rabuka

I am concerned about Chinese loans - Rabuka

By Vijay Narayan
Friday 22/06/2018
SODELPA Leader Sitiveni Rabuka

SODELPA Leader, Sitiveni Rabuka maintains that he is concerned that the government is taking loans from China even if the government debt to China is 10.6% of the total government debt.

In an interview with Fijivillage, Rabuka says Acting Prime Minister, Aiyaz Sayed-Khaiyum did not quote his comments correctly on the 60 Minutes Program.  Rabuka said that he had said that if we were to find ourselves impotent of paying our loans then there is a likelihood of us selling our souls by selling some of our national assets.

 

When asked, Rabuka says he does not have any details on Fiji’s loan agreements with China but it is only his analysis that this could happen.

When questioned on what SODELPA would do with the Chinese loans, Rabuka said they will continue with the repayments but will look at moving away if they cannot service their debt.

When asked on why he pointed out the new building of private Chinese investors at McGregor Road as a building that is built through Fijian government loans, Rabuka said he knows this is private equity however this just shows that they are facilitating all this so that government can have a groundwork for cordial loan discussions.

Rabuka also states that he does not agree with high rise buildings and wants the policy to have developments at palm tree level. The SODELPA Leader also says that some people are also talking in villages that houses should not go to double storey level.

While reacting to Aiyaz Sayed-Khaiyum’s comments that the only consistent thing about Sitiveni Rabuka is his inconsistency, Rabuka says it shows that he has a vibrant brain.

He also says that Sayed-Khaiyum cannot call him unpatriotic as he has served in the military as a young private to Army Commander.

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