PM clarifies State borrowing at Sanatan annual convention
29 June, 2018, 9:21 pm
THE Fijian Government does not borrow for the day-to-day operation of government, says Prime Minister Voreqe Bainimarama.
“We borrow for infrastructure development such as roads and airports that we know will grow our economy and produce a better return,” Mr Bainimarama said.
He highlighted this while opening the Shree Sanatan Dharm Pratinidhi Sabha 59th annual Sanatan Convention at Samabula Primary School in Suva today.
“Friends, it is this responsible management of our economy under my right hand man the AG and Minister for Economy that has laid the foundation for Fiji’s increasing prosperity.
“Nine straight years of economic growth, the longest in the Fijian history and a proud record that we are determined to continue because we are convinced that the best is yet to come.”
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