Prof. Prasad says getting into politics was never about pay and focus is on delivering national budget

Prof. Prasad says getting into politics was never about pay and focus is on delivering national budget

By Rashika Kumar , Mohammed Feroz
Sunday 26/05/2024
Deputy Prime Minister and Minister for Finance, Prof Biman Prasad.

Deputy Prime Minister and Minister for Finance, Professor Biman Prasad says pay for him was never an issue when he got into politics and left his job at the USP.

This comes as he will now get a salary based on the Parliamentary Remunerations Act where his salary was $235,000 and will decrease to $200,000 from 1st August.

Professor Prasad’s salary is $188,000 after a 20 percent reduction early last year when the coalition government proposed the interim measure.

However it will go up to $200,000 after Friday's parliamentary vote.

In an interview with fijivillage News, Professor Prasad says leaving his job at USP meant that he left a significant amount of salary to join politics and be in the Opposition for 8 years.

He says the party’s position was made known in the parliament and he will leave it at that.

Professor Prasad says his job is now focused on managing the finances of the country and delivering the budget and the National Development Plan is almost complete.

When questioned on the salary of teachers and civil servants, Professor Prasad says the budget is expected to look at the salaries and the step movements of all civil servants and there will be some announcements on this on June 28th.

He says this is under consideration by the Ministry of Civil Service with the Ministry of Finance. Professor Prasad says debt reduction will also be part of the agenda for the budget.

He further says they are pleased that sugarcane farmers for the first time are getting record prices of more than $100 which is partly due to an increase in international sugar prices and also because of government contribution when last year they topped up the price to $91 and put in almost $8 million.

FEATURE NEWS
LATEST NEWS
Tanoa Hotel Group and NZ students plant 600 mangroves at Taiperia, Lautoka
To combat the ongoing effects of climate change and the company’s commitment to environmental sustainability, the Tanoa Hotel Group and 16 ...
94 days ago

Ovalau family to celebrate Easter reminiscing the hard work and dedication of their late son
The Boleilovoni family will have a celebration this Easter at their home in Lovoni Village, Ovalau, celebrating their late son Joseph Rymell ...
94 days ago

Expect a rainy Easter weekend as a flash flood alert and heavy rain warning in force for Fiji
People need to be prepared for a wet Easter weekend as a flash flood alert is still in force for all low-lying and flash flood-prone areas of Viti ...
94 days ago

Flash flood alert for Viti Levu and Vanua Levu
Please be prepared as a flash flood alert is now in force for all low lying and flash flood prone areas of Viti Levu and Vanua Levu. A heavy rain ...
95 days ago

U.S Ambassador calls out China on trying to undermine its bilateral relationship with Fiji
It's puzzling that any country purporting to be a friend to Fiji would try to publicly undermine Fiji’s bilateral relationship with one of its ...
95 days ago



fijivillage Straight Talk with Vijay Narayan
Latest Videos

Stay tuned for the latest news on our radio stations

CFL radio frequencies
IN DEPTH
Top Interventional Cardiologist Dr Kapadia on fijivillage Straight Talk With Vijay Narayan
The show will focus on health services in the country. The former Marist Brothers Primary and High School student who has been practising medicine ...
105 days ago

Supervisor of Elections on fijivillage Straight Talk With Vijay Narayan
The interview focus on preparations for the 2026 general elections, voter related issues, electoral laws, the 2022 glitch and the municipal council ...
105 days ago

Swire Shipping Fijian Drua Coach, Glen Jackson on fijivillage Straight Talk With Vijay Narayan
Swire Shipping Fijian Drua Coach, Glen Jackson appeared on fijivillage Straight Talk With Vijay Narayan from the Drua base in Nadi. Coming off ...
109 days ago

TOP