Deputy Prime Minister and Minister for Finance, Professor Biman Prasad, has reiterated the government’s commitment to transparency and rigorous oversight in financial matters, particularly in response to recent criticisms regarding the 2025-26 national budget. He highlights the collaborative efforts in budget discussions, which involve all permanent secretaries and relevant ministries to ensure that funds are utilized effectively and responsibly.
During a recent statement, Professor Prasad noted, “If your money is allocated for a year to build a bridge, and if the weather conditions, cyclones, flooding, all these things can delay, you don’t just throw the money away. That’s part of government processes.” This shows a comprehensive approach to managing public funds, accounting for unforeseen challenges while ensuring accountability.
He expressed optimism about the improved utilisation rates compared to previous years, underscoring the budget’s focus on economic growth, alleviating the cost of living, and vital infrastructure projects. These initiatives include dedicated funding for flood alleviation, tourism development, and public safety improvements.
This commitment to careful financial stewardship aligns with earlier statements from Professor Prasad where he emphasized that the government’s budgeting processes are not aimed at appeasing voters ahead of the 2026 elections. Instead, the plans reflect a dedication to sustainable policies that are essential for long-term growth and community support.
The government’s proactive strategy and focus on collaboration with both the public and private sectors are designed to foster a resilient and prosperous Fiji. The engagement with citizen feedback through budget consultations further enhances this transparency and reflects a broader strategy to improve living standards and address the needs of the population.
In conclusion, the government’s approach signals a hopeful future, aiming to navigate economic challenges while prioritizing community needs and sustainable development. With a consistent emphasis on accountability and effective use of funds, Fiji appears positioned to make significant advances toward a more stable and equitable economic landscape for all its citizens.
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