Fiji National Budget 2003: building a resilient economy?
|Collections||Pacific Economic Bulletin (1991-2010)|
|Title:||Fiji National Budget 2003: building a resilient economy?|
|Author(s):||Narayan, Paresh Kumar|
Prasad, Biman Chand
|Publisher:||Crawford School of Public Policy, The Australian National University|
Asia Pacific Press
This paper examines three key issues arising from the 2003 Fiji National Budget: the emphasis on tourism as a driver for economic growth; a 25 per cent increase in the VAT; and the 7 per cent increase in the sugar tax. The authors argue that, rather than increasing taxes, the government should focus on creating a sound investment climate, including secure access to land, which will benefit the tourism and sugar industries, and look to better collection strategies for the taxes that are already in place.
|182_fiji.pdf||98.99 kB||Adobe PDF|
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