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Wednesday, December 20, 2006

Military government reviews 2007 Government Budget

The Interim Military Government is in the process of reviewing the 2007 Government/National Budget. The Budget was a source of much discussion and disagreement when it was tabled in Parliament by the Qarase Government. Its most alarming features was a recommended increase in Value Added Tax (VAT) to 15%. Fiji consumers already pay 12.5% VAT on goods and services they buy. The Military has not said what its review would entail but it would be interesting to see what comes out after that review.


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