Friday, April 6, 2007

The Declining Economy.

Fiji is in trouble.

Big trouble.

The latest forecast by the Reserve Bank of Fiji predicted a 2% drop in the economy, with a 0.5% drop in 2008. Now normally, I would not batter a eye at such statements, but now, I think we need to stand up and do something about all this.

The latest prediction by the head bank is just the latest in a long line of warnings about the state of our economy. That's the measure of the financial wellbeing of Fiji as a whole. The fact of the matter, however, is that Fiji is not very healthy at the moment. This warning is also echoed by other independent parties, and is very worrying.

To rub salt into the wound, the soldiers are getting an increase in allowances, including a sevusevu allowance. Sevusevu allowance???? This from a regime that commented on the need to decrease yaqona drinking within government departments. The ironic thing about this is that this issue is the only one since the coup that has Felix Anthony sounding like a unionist. Guess the saying that everyone has his price runs true for Felix and his bald-headed friend.

And what in the world is a leave allowance? That one defies definition, especially for yours truly. If one went on leave, why an allowance?

Buy sugar, flour, rice and stock up on the essentials. The way things are going, I wouldn't be surprised if food shortages start to happen soon.

2 comments:

Raho said...

Savenaca Narube has been straight forward with the people of Fiji with no political agenda - he's stating it as it is!

The replies in the media by failed politician and con-man Fred Caine has been obviously aimed at rubishing the reports coming out of Reserve Bank and they're placing MR Narube as the face to attack.

The point to remember is that the report is compiled not by Mr Narube, but by his staff of qualified economic analysts who then submit it to various executives for verification, and then it's put forward as an OFFICIAL REPORT FROM THE BANK - not from an individual, or a political party.
It's based on FACTS with PROOF to support these FACTS.

Mr Caine's replies are similar to Voreqe's claims of corruption - NO FACTS TO SUPPORT HIS CLAIMS!!!

NO PROOF - MR CAINE and your sons conning the Fiji public again.

LEAVE MR NARUBE ALONE!!!

Whodat said...

Anyone notice today's (9/4) Fiji Times editorial about abandoned police posts in Nakasi and unanswered police phones in Savusavu (at the time of the fire)? Those are typical signs of low morale. Many police officers' sense of justice and fairness has been violated by developments lately. Many are obviously upset at their wages having to be cut to pay for to economic consequences of someone else's wrong decision to stage a coup. And many are also still outraged at the wrongful and unjust dismissal or detention of good men like Andrew Hughes, Moses Driver and Samuela Matakibau!
Oh what a tangled web we weave, when we practice to deceive!