US EditionUnpacking the recent Budget
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Unpacking the recent Budget
Fijian consumers will feel an immediate cut to the cost of living when Value Added Tax (VAT) drops from 15 per cent to 12.5 per cent on 1 August, delivering an estimated $250 million in savings to households and businesses. The reduction headlines Finance Minister Professor Biman Prasad’s expansionary $4.8 billion Budget, tabled last month under the theme “Building Security, Stability and Prosperity”. As always the biggest question the everyday …
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