Fiji National Budget 2003: Building a Resilient Economy?
Pacific Economic Bulletin, Vol. 18, No. 2, pp. 91-106, 2003
Posted: 10 Jun 2012
Date Written: 2003
Abstract
This paper examines three key issues arising from the 2003 Fiji National Budget: the emphasis on tourism as a driver for economic growth; a 25 per cent increase in the VAT; and the 7 per cent increase in the sugar tax. The authors argue that, rather than increasing taxes, the government should focus on creating a sound investment climate, including secure access to land, which will benefit the tourism and sugar industries, and look to better collection strategies for the taxes that are already in place.
Suggested Citation: Suggested Citation
Narayan, Paresh Kumar and Prasad, Biman, Fiji National Budget 2003: Building a Resilient Economy? (2003). Pacific Economic Bulletin, Vol. 18, No. 2, pp. 91-106, 2003
, Available at SSRN: https://ssrn.com/abstract=2080722
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