2022-23 Budget: No funding for USP in budget
19 July, 2022, 10:45 am
The University of the South Pacific has not been allocated any funding in the 2022-2023 National Budget, reveal the budget estimates released by the Ministry of Economy.
The Fijian Government stopped giving annual grants of $34 million to the learning institution since 2019.
The budget estimates reveal eight higher education institutions have been allocated $48.9 million in the 2022-2023 Budget.
Grants will be given to University of Fiji ($2.3 million), Fiji National University ($45 million), Corpus Christi ($94,236), Fulton College ($103,918); Monfort Technical Institute ($338,912), Monfort Boys Town ($492,212), Sangam Institute of Technology ($114,411) and Vivekananda Technical Centre ($128,196).
“As part of its record-setting investment in Fiji’s education system, Government provides operational grants to a number of the nation’s tertiary institutions,” states the budget estimate document.
funding aims to boost the competitiveness of the Fijian workforce over the medium to long-term by giving our students access to high quality education and professional training.
“Government is assisting Fiji’s tertiary institutions to develop coursework in fields that will help fill careers aligned with our national development needs.
‘This forward-thinking approach is an investment in the economy of tomorrow; as more Fijian students fill the nation’s tertiary classrooms, new career paths in modern industries will await them upon their graduation.”