The Ministry of Finance will be granting greater budgetary powers to various ministries during the 2025-2026 fiscal year by eliminating outdated approval processes, according to Deputy Prime Minister and Finance Minister, Professor Biman Prasad. This change will allow ministries to make purchases without needing the Permanent Secretary of Finance’s consent for each transaction, a move intended to streamline government procurement and enhance operational efficiency.
Prasad emphasized that this initiative aims to empower ministry teams, enabling them to act more swiftly in managing public funds while reducing bureaucratic barriers. The government’s automated system, BISAN, used for payroll, will be extended to include purchasing, addressing Fiji’s ongoing procurement challenges, particularly in crucial sectors like healthcare.
With support from Australia, the government is determined to expedite access to medicines and medical supplies, rectifying the delays that have long plagued the country’s healthcare system.
Previous efforts have also highlighted the need for improved budget management. Notably, last year’s revelation that $246 million from the budget remained unspent prompted a commitment to enhance transparency and accountability in fund utilization across ministries. The government has been working closely with various offices to monitor expenditures and ensure efficient resource allocation, particularly in infrastructure projects, which have historically faced delays.
Prasad’s remarks reflect a broader commitment to financial stewardship that emphasizes trust and responsible use of taxpayers’ money. This proactive strategy aims not only to restore public confidence but also to foster a more resilient and inclusive economy for Fiji, paving the way for better public services and overall community development.
The anticipated reforms herald a hopeful future where governmental operations become more agile, efficiently addressing both current needs and setting the groundwork for sustainable growth. As Fiji progresses through these pivotal changes, the active involvement of ministries and the community will be crucial for ensuring that public resources are utilized effectively and equitably, ultimately benefiting every citizen.
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