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Finance Minister urges unity as debt costs reach $600M
Finance Minister Esrom Immanuel has warned that Fiji’s rising debt burden is consuming hundreds of millions of dollars in interest payments each year, leaving less funding available for critical infrastructure and essential public services. Continuing his 2026-2027 Budget address in Parliament, Mr Immanuel said annual interest payments on government debt had doubled to almost $600 million, while a further $400 million to $600 million was needed each year to refinance maturing debt. [...]