2019/2020 National Budget: FCCC to begin as self-funding entity

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THE Fijian Consumer and Competition Commission will no longer come under the Ministry of Industry, Trade and Tourism.

Attorney General and Economy Minister Aiyaz Sayed-Khaiyum said FCCC would also begin operations as a self-funding entity by charging fees to industries and organisations who hire their services.

“The financial independence on FCCC is a critical big step of changes to price control and we modernising the price control modules to consider the different price changes in the different inputs, and businesses interested in seeking adjustments on price control can now pay the FCCC directly to review the recommended changes on prices of specific items,” Mr Sayed-Khaiyum said.

“This new-found self-sufficiency will allow the FCCC to continue to build on its many case studies to scrap out unethical practices by traders.”

* More detailed reports will be published in today’s edition of The Fiji Times and also in our e-Edition 

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