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The effects of the Asian financial crisis led to a sharp drop in the number of Asian tourists visiting Fiji in 1997 and 1998, which contributed to a substantial drop in gross domestic product. Positive growth returned in 1999, however, aided by a 20% devaluation of the Fijian dollar . 2005 was a record year for the tourism sector, with 9% ...
As the Minister for Economy, Sayed-Khaiyum raised the income tax threshold from $16,000 to $30,000 and has progressively decreased Fiji's unemployment. [21] Fiji is currently experiencing its lowest unemployment rate in 15 years, [22] and the country's economy has recorded an unprecedented ten consecutive years of growth. [23] Sayed-Khaiyum ...
The Fiji Times, subject to government censorship, reported simply that "[t]he terms of the Essential National Industries (Employment) Decree 2011 [...] will govern the labour laws of the declared enterprises, ensuring the viability and sustainability of the industries while protecting fundamental workers' rights". It quoted Sayed-Khaiyum's ...
The U.S. State Department last week gave "clean energy programs for women in Fiji" as an example of aid that did not make America stronger, in a statement announcing a blanket aid freeze.
Fiji will strike a deal with Australia to upgrade ports and shipbuilding infrastructure, months after its prime minister said it was likely to partner with China on the project, the government of ...
If the government is defeated in a vote of no confidence in the House of Representatives (as happened in 1994), or if the House rejects "A bill appropriating revenue or moneys for the ordinary services of the Government," the Prime Minister must advise the President on whether there is another person who can command a legislative majority, and ...
Fiji was placed under a "Public Emergency Regulation", putting the country under emergency rule for 30 days. [7] This regulation gave the police the right "to control the movement of people" and to stop any broadcast or publication it deemed "could cause disorder, promote disaffection or public alarm or undermine the government or state of Fiji ...
Tax farming is a historical means of collection of revenue. Governments received a lump sum in advance from a private entity, which then collects and retains the revenue and bears the risk of evasion by the taxpayers. It has been suggested that tax farming may reduce tax evasion in less developed countries. [25]