The Deputy Prime Minister and Minister for Finance, Professor Biman Prasad, has recently clarified that the government will not impose a tax on suki, following claims made by Opposition MP Praveen Bala. During a point of order, Prasad addressed Bala’s allegations of a new tax on suki, reiterating that this claim was unfounded and that the government had already communicated its decision during a recent business breakfast event.
Prasad detailed that the only new tax being introduced is on blended Pall Mall, which had been requested by businesses seeking a duty reduction, rejecting the suggestion of a tax on suki that some employers had proposed. He challenged Bala’s assertions as misleading and urged him to cease propagating false information.
This clarification comes against the backdrop of recent discussions concerning potential revenue sources for the government, with past considerations about taxing the suki industry, which plays a significant role in local agriculture and income for many subsistence farmers. If such tax considerations were made, they could potentially benefit agricultural sustainability while generating revenue for public services. However, Prasad’s current stance emphasizes a supportive approach to farmers amidst ongoing economic challenges.
As the economy continues to navigate rising costs and inflation, such clear communication from the government is crucial to maintain public trust. The Minister’s commitment to open dialogue about fiscal decisions indicates a positive step towards transparency in governance, addressing concerns while exploring strategies that support both revenue growth and community welfare.
In conclusion, while debates about taxation and economic management persist, Prasad’s firm stance on not taxing suki reflects an understanding of the importance of agricultural resilience in Fiji’s economy.
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