FIJI’S TEN-YEAR PLAN
FINANCIAL OBSTACLES TO DEVELOPMENT SUVA,’March 19. The Governor of Fiji (Sir Brian Freeston), in his opening; address to the Fijian Legislative Council this morning, reminded members of Fiji's 10-year development plan costing nearly £4,500,000 of which £1,110,000 was to be provided by the British taxpayers from the Colonial Developments Welfare Fund, £3,000,000 from a London loan, and the balance from local surpluses and revenue. He also reminded members that more than £3,000,000 was due for war advances. He hoped that some, if not all, of this amount might be written off, but there was no certainty, about it. There was no prospect of a London loan, and therefore capital expenditure must be confined to productive projects. The 10-year plan must be recast, with greater emphasis on development and less on welfare and social betterment schemes, which must be postponed. Early legislation for a tax on copra was forecast, because of increased prices this year.
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Ashburton Guardian, Volume 68, Issue 136, 20 March 1948, Page 5
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157FIJI’S TEN-YEAR PLAN Ashburton Guardian, Volume 68, Issue 136, 20 March 1948, Page 5
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