Minister for Economy, Aiyaz Sayed-Khaiyum says the expenditure mix in the National Budget has improved with 40% of the expenditure focused on asset build.
While speaking to Leadership Fiji participants, Sayed-Khaiyum says prior to 2006, majority of the borrowing was done to fund operating expenditure.
He says a budget deficit that caters for expenditure in asset build is a good thing.
Sayed-Khaiyum also says that the current total revenue collection is enough to pay for operating expenditure and they are only borrowing for capital expenditure.
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