Fiji’s Telecom Future: A New Funding Model in the Works!

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 objectives of the nation’s telecommunications sector. As part of TAF’s recently introduced strategic plan for 2025-2029, the authority is focused on overcoming funding challenges and has highlighted the necessity for additional resources to achieve its ambitious goals.

Deputy Prime Minister and Minister for Trade Manoa Kamikamica emphasized the significance of adequately resourcing TAF to enhance its capacity in accomplishing its strategic objectives. He acknowledged the financial challenges faced by regulatory bodies but affirmed the Government’s commitment to ensuring that TAF receives the essential funding for its success.

Kamikamica remarked, “We recognize the vital role a well-resourced regulatory body plays in cultivating a competitive telecommunications landscape.” He noted that to adapt to an evolving sector, TAF requires not just proper funding but also stability and certainty in its fiscal allocations.

In addressing operational hurdles, including the backlog of audits and annual reports, TAF aims to clear these issues by the end of the 2024-2025 fiscal year. The authority is also working on implementing new corporate policies and a comprehensive Finance and Accounting Policies and Procedures Manual, alongside a new Financial Management System, to improve efficiency and streamline its operations.

TAF recently unveiled its inaugural strategic plan, marking an important step forward in establishing a robust framework for the future of telecommunications in Fiji.

In summary, the initiative by the Fijian Government and TAF signals a proactive approach to ensuring a well-supported regulatory environment that can adapt to future challenges and foster innovation within the telecommunications industry. This is a positive development for both the sector and the consumers who rely on reliable telecommunications services.