22 Oct 2009

Fiji interim regime records third quarter surplus

6:49 pm on 22 October 2009

The Fiji interim government says it has recorded a fiscal surplus in the three months to the end of September.

The interim prime minister and interim finance minister, Commodore Frank Bainimarama, says the third quarter yielded a surplus of 16 million US dollars while forecasts were for a 60 million US dollar deficit.

Commodore Bainimarama has told Fijilive that revenue exceeded 534 million US dollars.

He says efforts to curb wasteful spending of the past are producing results.