{"id":54516,"date":"2025-08-09T03:54:08","date_gmt":"2025-08-09T03:54:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/54516\/"},"modified":"2025-08-09T03:54:08","modified_gmt":"2025-08-09T03:54:08","slug":"revenue-surpasses-expectations-with-150m-surplus-fbc-news","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/54516\/","title":{"rendered":"Revenue surpasses expectations with $150m surplus \u2013 FBC News"},"content":{"rendered":"<p>\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/07\/biman-prasad-1.png\"\/><\/p>\n<p>Deputy Prime Minister and Finance Minister Prof Biman Prasad [file photo]<\/p>\n<p>Fiji\u2019s economy is beating expectations with Gross Domestic Product growth forecasted at around four percent last year.<\/p>\n<p>Government revenue for the 2024\u20132025 budget year surpassed forecasts by more than $150 million.<\/p>\n<p>This, according to Finance Minister and Deputy Prime Minister Professor Biman Prasad.<\/p>\n<p>Article continues after advertisement<\/p>\n<p>\u201cAnd in fact, I\u2019m told this morning by the CEO of RCS that they are still reviewing the July figures. It could exceed or even reach almost $200 million more than what was forecast in the budget.\u201d<\/p>\n<p>Prasad states over 98 percent of projected revenue was collected in the first budget.<\/p>\n<p>He adds the CEO of the Revenue and Customs Service is still reviewing July\u2019s numbers, which could push the surplus close to $200 million above forecasts.<\/p>\n<p>He credits careful fiscal management in budgeting, spending and borrowing for providing stability and growing confidence in the economy.<\/p>\n<p><a id=\"viti-plus-link-article\" href=\"https:\/\/www.viti.plus\/\" rel=\"nofollow noopener\" target=\"_blank\">Stream the best of Fiji on VITI+.  Anytime.  Anywhere.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Deputy Prime Minister and Finance Minister Prof Biman Prasad [file photo] Fiji\u2019s economy is beating expectations with Gross&hellip;\n","protected":false},"author":2,"featured_media":20381,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-54516","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/54516","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=54516"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/54516\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/20381"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=54516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=54516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=54516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}