The Fijian Government, through the Ministry of Trade, is collaborating with the Telecommunications Authority of Fiji (TAF) to create a sustainable funding model that aligns with the long-term vision for the nation’s telecommunications sector.
In light of TAF’s recently initiated strategic plan for 2025-2029, which aims to tackle various funding challenges, the authority emphasizes that it requires additional resources to achieve its ambitious objectives. Deputy Prime Minister and Minister for Trade, Manoa Kamikamica, highlighted the government’s acknowledgment of the necessity to adequately resource TAF, ensuring it possesses the required capacity to fulfill its strategic aims.
Kamikamica reassured that while the financial pressures on regulatory bodies are real, the ministry is dedicated to providing TAF with the essential funds to thrive. He pointed out the critical role of a well-resourced regulatory body in promoting a dynamic and competitive telecommunications landscape, underscoring TAF’s need for not only sufficient funding but also stable and predictable budget allocations.
In addition to funding strategies, TAF is set to tackle operational challenges, such as addressing a backlog of audits and annual reports, with the intention of resolving these by the conclusion of the 2024-2025 fiscal year. To enhance efficiency and streamline operations, TAF is also implementing new corporate policies, including a comprehensive Finance and Accounting Policies and Procedures Manual, along with a new Financial Management System.
This proactive approach marks TAF’s commitment to improving the telecommunications environment in Fiji and positions the authority to better meet the evolving demands of this sector.
The launch of TAF’s first strategic plan signifies a hopeful step forward as Fiji continues to navigate the complexities of the telecommunications industry, paving the way for future growth and innovation.
In summary, TAF’s concerted efforts to enhance its operations and secure necessary funding indicate a promising path ahead for Fiji’s telecommunications sector.
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