The Fiji government’s latest budget included a F$200 million (US$94 million) financial package for MSMEs to be rolled out by the Reserve Bank of Fiji and commercial banks.
The Fiji Development Bank’s new CEO, Saud Minam says the package is a much-needed boost to FDB’s efforts.
“Under this initiative when businesses take a loan from FDB, ranging between $10,000 and $100,000, they will not be repaying anything to the Bank for two years – it will be an interest-only loan for that period that the Government will . . .
Please Subscribe to view full content...