The Government of Fiji is collaborating with the Telecommunications Authority of Fiji (TAF) to create a sustainable funding model that aligns with the long-term objectives of the country’s telecommunications sector. This initiative is part of TAF’s newly introduced strategic plan for the years 2025-2029, aiming to address current funding challenges. TAF has emphasized the need for additional resources to meet its ambitious goals effectively.
Deputy Prime Minister and Minister for Trade, Manoa Kamikamica, acknowledged the significance of properly equipping TAF to enable it to fulfill its strategic aims. He highlighted the government’s commitment to addressing the financial pressures that regulators face. “We understand the importance of a well-resourced regulatory body in fostering a dynamic and competitive telecommunications environment,” Mr. Kamikamica noted.
In order to adapt to the evolving telecommunications landscape, TAF requires not just sufficient funding but also stability in its budget allocations. Mr. Kamikamica mentioned that the organization is also tackling operational hurdles, including existing backlogs in audits and annual reports, with a goal to resolve these issues by the end of the 2024-2025 fiscal year.
As part of its drive toward enhanced efficiency, TAF is implementing new corporate policies, including a comprehensive Finance and Accounting Policies and Procedures Manual and a new Financial Management System. This is expected to help streamline its operations more effectively.
TAF officially unveiled its first strategic plan just last week, marking a significant step towards strengthening Fiji’s telecommunications industry.
This strategic initiative signals a positive trajectory for Fiji’s telecommunications sector, as it emphasizes the government’s dedication to rigorous oversight and enhanced operational capacity, paving the way for a more competitive telecommunications environment in the future.
Leave a comment