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The Coalition Government aims to ensure that it is well-prepared to respond to crises with agility that goes beyond ensuring financial stability. We are dedicated to promoting economic growth, job creation, and income generation. This is the path to prudent financial, fiscal, and economic management, and one that the Coalition Government is dedicated to pursuing for the benefit of all Fijians.
The Deputy Prime Minister and Acting Minister for Defence and Veterans Affairs, Hon. Biman Prasad, made these remarks while officiating at the Donor Roundtable Meeting convened on Monday 25/2/25 at the Novotel Convention Centre in Lami Bay.
DPM Prasad said the Coalition Government considers this meeting as timely and critical to convene in view of preparations for the 2024-2025 Budget and to highlight and seek support for Fiji’s national development priorities. He said sustainable national development requires a collaborative approach, where bilateral and development partners, along with the private sector, work alongside the government.
All development partners were acknowledged for their unwavering commitment towards Fiji’s efforts in fostering sustainable economic growth, infrastructure development, and building human resources capacity for the people of Fiji.
DPM Prasad reaffirmed the Coalition Government’s commitment to further strengthening partnership guided by the principles of mutual respect and meaningful collaboration to advance our common development priorities.
The government is committed to standing strong and resilient, leaving no Fijian behind in the quest for sustainable development, stating that the vision is firm and reinforced by strategic investments in key sectors such as education, health, infrastructure, and environmental sustainability.
Fiji’s post-pandemic economic recovery has been remarkable, with an estimated 3.8% GDP growth in 2024; and by the end of this year, Fiji’s economy will have fully recovered, surpassing 2019 pre-pandemic GDP levels.
Importantly, DPM Prasad stated that the immediate priorities of the Coalition Government are to restore financial discipline, rebuild fiscal buffers, put the public debt situation on a path of sustainability, and reorient economic policies for sustainable economic growth.
He described the 2024-2025 national budget as a reflection of the Coalition Government’s commitment to prudent fiscal management while investing in critical sectors to foster sustainable economic growth and improve the well-being of all Fijians.
In conclusion, DPM Prasad extended Coalition Government’s sincere appreciation to all the development partners and remained optimistic that through a collaborative and consultative approach, Fiji will be able to amplify the efforts to achieve tangible and transformative outcomes.
