The Coalition Government’s commitment to economic prosperity articulated during the 2022 general election is now being questioned, as Independent Member of Parliament Shalen Kumar has highlighted the unfulfilled promises two years later. In his recent address to Parliament, Kumar cited the high cost of living as a critical issue impacting the Fijian populace, stating that families are increasingly struggling to afford basic necessities such as food, utilities, and fulfilling traditional obligations.
Kumar expressed concerns about the escalating prices of essential goods, which he claims are pushing more Fijians into poverty. He emphasized that the purchasing power of most citizens has significantly eroded, complicating their ability to manage daily expenses. He pointed out that while the government has seen increased tax revenues—a consequence of rising costs—the burden of these inflationary pressures has directly affected ordinary families.
The Opposition has been vocal in its efforts to hold the government accountable for its economic policies, arguing that the Minister of Finance’s strategies have failed to offer any substantial relief. Kumar also noted that investor confidence is dwindling, with gross domestic investment currently at just 12.8 percent, suggesting a troubling economic climate.
In comparison to past statements by other Opposition members, such as Hem Chand and Premila Kumar, similar sentiments about the inadequacies of governmental responses to the rising cost of living have been expressed. For example, they pointed out that the recent budget lacks innovative measures to support struggling citizens and that the continuation of a high VAT rate exacerbates the economic hardships faced by the vulnerable.
Kumar has called for an expansion of the list of zero-rated VAT goods to encompass more essential items, alongside a reduction in the overall VAT rate. These changes, he argues, would alleviate the financial burden on families, allowing them to afford necessities without compromising their well-being.
This dialogue among lawmakers reflects a growing urgency to address the real-life challenges faced by many Fijians, underscoring that economic growth should benefit all citizens, not just a privileged few. There is hope that ongoing discussions may lead to policy reforms aimed at fostering a more inclusive economic environment, ensuring that no one is left behind as the nation strives towards recovery and growth.
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