Hotels and resorts are empty but have to pay insurance premiums – Sayed-Khaiyum

Minister for Economy, Aiyaz Sayed-Khaiyum says during the COVID-19 situation, the only certainty we have is the uncertainty.

He made this comment while speaking on the debate on Reserve Bank of Fiji Insurance 2017 Annual Report where Sayed-Khaiyum stated that there is a big issue in the tourism sector where hotels and resorts are empty but they have to pay insurance premiums.

Sayed-Khaiyum says no revenue is being generated, however these hotels and resorts have to pay premiums.

Sayed-Khaiyum says some of the insurance companies are working with these businesses.