FCCC welcomes amendments

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FCCC chief executive officer Joel Abraham. Picture: RAMA/FILE

The Fijian Competition and Consumer Commission has welcomed amendments to the FCCC Act 2010.

According to a statement from the commission, this will empower FCCC with a specific legal provision to ensure prices were reduced to reflect duty and tax reductions.

“The 2020-2021 National Budget sustainably safeguards the welfare of Fijian consumers,” said FCCC CEO Joel Abraham.

“The budget is people-centric and with reduced duties and taxes, Fijian consumers will have a fuller shopping cart for a lesser price. We have been taking collaborative approaches with different businesses and industries on how their inventory levels are, and now we are going to pass the duty and tax reduction on to them.”

The commission stated it would be undertaking a survey today targeted on data collection.

“FCCC will be using a targeted approach to ensure that the benefits of duty and tax reduction are passed down to the consumers as was intended by the budget.

“We once again urge Fijians to show solidarity and compassion for one another during these trying times.”

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