A 2025–2026 Post Budget Breakfast hosted by the Fiji Commerce and Employers Federation served as a key platform for discussing the rationale and long-term goals behind the Government’s 2025-2026 National Budget.
Held the morning after the budget announcement, the event brought together business leaders, development partners, and government officials to better understand how the new fiscal plan is expected to support sustainable growth, boost investment, and strengthen public finances.
Deputy Prime Minister and Minister for Finance Professor Biman Prasad told participants the budget was built on the foundations of the past two years and a part of a broader economic governance strategy focused on fiscal sustainability.
“The Government is now able to create a strategy where in the short to medium term and in the long term we are able to create a sustainable level of debt and a sustainable level of growth,” Prof Prasad said.
“And only through that can we do everything else, building our social infrastructure, health, education, and others.”
Prof Prasad revealed that for the first time in two years, government revenue collection had exceeded forecasts, describing it as “a very good strategy, a very good indication of a very honest assessment of where our revenue, our expenditure, our deficit, and our debt were to be.”
“We increased the welfare payments, support for agriculture in a big way, and support for SMEs, and that helped us to achieve a growth rate of about 4 percent.”
He said the latest budget strategy includes increased spending to accelerate infrastructure development and roll out major new projects expected to further stimulate growth.
“This growth will help us to keep our debt-to-GDP ratio at an acceptable and sustainable level.”
