Economic summit – PA, NFP coalition set plans for 100 days

National Federation Party leader, Professor Biman Prasad shares a light moment with The People Alliance Party leader Sitiveni Rabuka after their signing at the Victoria Palms Hotel conference room in Suva on Friday, April 08, 2022. Picture: JONACANI LALAKOBAU

An economic summit will be held in the first 100 days of The People’s Alliance and National Federation Party-led government.

In Lautoka this week, NFP leader Professor Biman Prasad said Fiji’s economic challenges needed to be the first issue addressed by the new government.

“It’s going to be a tough job because they have run down the economy,” he claimed.

“The sugar industry is now pocket-sized. We had 3.2 million tonnes in 2006 and it’s down to 1.4 million tonnes.

“The poverty rate is almost 50 per cent. The agriculture sector has been neglected for 15 years.

“The dairy industry has gone down because they put all of their eggs in one basket.”

He said their government would ensure an economically viable environment was created.

“What we will do, but first we will create the environment.

“We will create the confidence and change some of these stupid laws that this Government has put in place so that we can promote our community enterprises, our people in the agriculture sector and our people in the dairy industry. ”

And so that we diversify the economy.

“We are going to look at all the sectors. We are going to call an economic summit in the first 100 days of government.”

He said engaging key stakeholders was vital to resurrecting Fiji’s economy.

“We are going to consult labour leaders, workers leaders and we will create a collective vision, policies and implementation framework that will deliver the recovery that we will expect to happen soon after we get into government.”

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