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Fiji's Opposition Leader Sitiveni Rabuka says the 2019/2020 National Budget announcement is a grandstanding speech that lacks depth and vision for the future.
Speaking in Parliament today, Rabuka claims the budget will hurt the poor more and benefit a few selected businesses who will continue to fill their pockets.
Rabuka said the budget is full of big ideas, poor family framework policies and service delivery.
“There will be more abuse of funds, corruption and mismanagement of public funds because very little attention has been given to the recommendations of the Office of the Auditor General and office under your own Government machinery. The public general private sector will continue to erode because of inconsistency and lack of stability in the nation.”
Rabuka said the claim of a Bainimarama boom in the last 12 years is overstated and misleading.
“In my view, the Bainimarama has brought hardship to the people of Fiji then prosperity, only a select few are better off than the majority our population and I will provide data to prove my point. As a layman – my understanding of an economic boom is a peak faith in a business cycle and an upward stream of strong growth, key economic indicators such as GDP increase substantially so does productivity seeing the number of workers create more good and services. An increase in sales, an increase in profits and income occurs.”
“The general reaction from the public seems to suggest that the Minister for Economy has lost the plot and cannot admit his weaknesses; that the “Khaiyum~nomics”model has run out of steam and failed the people of Fiji. It is time he admits his failures, so that we the people of Fiji, with our common purpose, can all work together as a nation, to make the necessary adjustments to rebuild our beloved nation due to the misguided policies, bullish expenditure and wastage of taxpayer funds, brought about by the Bainimarama doom and gloom (rather than BOOM)”
Rabuka was responding to the national budget announcement with other government ministers and opposition member to follow suit.
Meanwhile, the height of economic sabotage is what Prime Minister Voreqe Bainimarama has labelled the comments from the Opposition side of the House.
Responding to the 2019/2020 National Budget in Parliament, Prime Minister refuted claims by members of the Opposition that called into question Fiji’s economic outlook.
The Prime Minister says comments from some members of the Opposition are simply baseless.
Bainimarama maintains the national budget is responsible.
“I want to put an end to these rumours right now, the Fijian economy is strong and our liquidity levels are more than efficient, it is a good time to invest, it is a good time to do business in Fiji and seek employment, those aren’t social media rumours Honourable Speaker, those are facts.”
The Prime Minister said that the Bainimarama Boom is a testament of the hard work of all Fijians as Fiji hits its 10th year of consecutive growth.
SOURCE: FBC NEWS/PACNEWS
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