Governments have a critical role in managing public finances for the welfare of citizens, and reporting to Parliament is essential in maintaining accountability for how these funds are utilized. This oversight ensures that expenditures align with approved budgets and objectives, allowing lawmakers to assess the effectiveness of government spending. Ultimately, proper reporting to Parliament guarantees the responsible and equitable use of public funds in a manner that upholds the principles of good governance.
Recently, a report from the Coalition Government indicated that $246 million from the 2023-2024 budget remains unspent, according to the fourth quarter appropriation statement presented during the latest Parliament session. Out of a total budget of $4,339,870,709, only $4,093,786,247 was utilized.
The spending highlights from different ministries are as follows:
– The Ministry of Women, Children and Social Protection spent $190,420,548 out of its $200,184,606 budget.
– The Ministry of Health and Medical Services used $384,981,776 from an allocation of $453,685,400.
– The Ministry of Education utilized $500,460,418 from a total budget of $505,364,643.
– The Ministry of Public Works, Meteorological Services, and Transport spent $85,419,642 from its $98,296,042 budget.
– The Ministry of Multi-Ethnic Affairs and Sugar Industry used $52,619,306 against its budget of $51,693,533.
– Similarly, the Fiji Roads Authority went over its $387,586,121 allocation by spending $405,815,419.
– Peacekeeping Missions also exceeded their budget of $56,955,690, using $60,414,605.
– Miscellaneous Services spent $428,683,738 from a $456,143,989 allocation.
Additionally, the Coalition Government vired $103,556,434.72 in the 2023-2024 budget to allocate funds for necessary expenditures. ‘Virement’ refers to the authorized transfer of unused funds from one area of the budget to another within the same fiscal year, allowing governments to adapt to changing needs or unforeseen circumstances. This practice ensures that funds are reallocated transparently and in accordance with financial regulations.
Significant amounts were reallocated to various ministries:
– $4,834,835.00 was transferred to the Ministry of Home Affairs and Immigration for lease payments.
– $2 million was redirected to the Ministry of Multi-Ethnic Affairs and Sugar Industry for a cane access road program.
– $1,181,100 was diverted to the Water Authority of Fiji for wastewater management.
– $36,017,102 was sent to the Fiji Roads Authority for a capital grant, reallocating from various health-related projects.
– $50,360,027 was reallocated for a public-private partnership for health services.
These measures indicate a proactive approach by the government to ensure that the available funds are utilized in areas of higher priority, thereby enhancing the overall effectiveness of public spending.
In summary, despite the unspent portion of the budget, the government’s actions to reallocate funds demonstrate a willingness to adapt and respond to pressing needs. This transparency and adaptability can foster greater trust in governance, paving the way for more efficient public service delivery and better outcomes for citizens.
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