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Wed - July 02 '08
Jul 2, 2008, 08:39
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The interim Government yesterday ruled bus fares will not increase. Instead, the State will give operators a direct subsidy of 10 per cent of VAT Exclusive Price (VEP) on fuel. Interim Transport Minister Timoci Natuva said the 10 per cent VEP would be based on monthly takings reported by each registered bus operator to FIRCA that would be adjusted on movement in fuel price. (FT)

Twelve landowning units have approved the dereservation of their land for leasing purposes. Native Land Trust Board acting general manager Meli Benuci confirmed the 12 landowning units had approved the dereservation of their native reserves after consultation with the NLTB. (FT)

The interim regime will subsidise landowners with $8million for the use of their land for agricultural farming purposes under the Committee for Better Utilisation of Land. The $8million is rent subsidy to landowners who not only agree to the use of their land but fully utilise it for commercial farming purposes as not to defeat the purpose of CBUL. (FT)

The Interim Prime Minister Commodore Voreqe Bainimarama has not responded to a request for the Foreign Affairs Ministers Forum to meet in Fiji this month. (FT)

Fiji's Interim Government is yet to issue a comment following the Australian Foreign Minister Stephen Smith's statement on increasing Fiji's diplomatic presence in Australia. (fijivillage.com)

The new legislation governing the real estate sector came into force yesterday. (FT)

Residents of a squatter settlement in Suva that have been served with eviction notices have asked the Government to help them relocate to another area. (Legend News)

Fiji’s Interim Government will write-off the $455,000 debt owed by the Methodist Church, Cabinet announced yesterday. (fijilive.com)



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