The increase in value-added tax (VAT) from 9 to 15 per cent is to address the serious “gaping debt hole” left behind by the FijiFirst government, says Assistant Minister in the Office of the Prime Minister Sakiusa Tubuna. He told Parliament the debt hole was a record for Fiji and was largely the creation of the previous “two-men dictatorship”.
“We have to do this to ensure that we cover the various gaping holes that you (Opposition) have created,” Mr Tubuna said.
Source: FijiTimes
