IT is the worst kept secret in Fiji that the Government has run out of money.
This was the message from National Federation Party leader Professor Biman Prasad to Parliament this week.
“I am genuinely worried for Fiji’s short-term economic future,” he said.
“The FijiFirst party has no plan to resolve it. “For years their economic policy has been about politics, not economics.
“So this is what we say to the honourable Prime Minister and his honourable Economy Minister — because this is only a two-man government — face the facts.
“Admit the problems. Ask for help. “If you will allow the people of Fiji to work together, we can solve them. “But if you continue to pretend that the problems will go away, God help Fiji.
“And now we have the Economy Ministry running around, just managing one money crisis after another. Finally, reality has hit home.”
Prof Prasad claimed Government was in a precarious financial position should Fiji be hit by a natural disaster.
The NFP leader said managing the economy was about creating economic confidence, supporting private investment, creating jobs, creating new industries and adapting to change.
“And this is the tragedy of the Fiji economy today.
“Fiji’s economy now depends on tourism and remittances.
“In 10 years, we have not created one new major export sector, not even a minor one. The so-called sugar industry reforms are a joke. Our agricultural and manufacturing industries are struggling.”
