“The Government should immediately stop the Khaiyumnomics model of expansionary budget,” said Mr Rabuka.
Shadow Minister for Economy, Sitiveni Rabuka said that the general reaction from the public seems to suggest that the Minister for Economy has lost the plot and cannot admit his weaknesses; that the “Khaiyum-nomics” model has run out of steam and failed the people of Fiji.
“Taking into account information available and constraints I have identified, as I said on the eve of the budget announcement, I am of the view that government should immediately stop its expansionary approach under what I term the “Khaiyum-nomics” model and try and consolidate the budget to ensure that fiscal space is available to cushion the impact of any looming challenges which may turn into an economic crisis in the short term.”
He added that it is time he admits his failures, so that we the people of Fiji, with our common purpose, can all work together as a nation, to make the necessary adjustments to rebuild our beloved nation due to the misguided policies, bullish expenditure and wastage of taxpayer funds, brought about by the Bainimarama doom and gloom rather than BOOM.
The Opposition leader ranted on that is common knowledge that the Minister for Economy will never practice what he preaches, to bring about unity to our nation.
Rabuka also accused Attorney General and Minister for Economy of creating division in the country.
“He has created more division and hate among our different communities.”