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Permanent Secretary for Finance Shiri Goundar says the cost of servicing Government debt is significantly higher, accounting for more than 10 percent of Government expenditure. Speaking at the launch of the 2026 Fiji Economic Update at the University of the South Pacific’s Laucala Campus, he says Fiji has entered uncharted territory with increased Government exposure to external debt, making the country more vulnerable to foreign exchange shocks. He says the fiscal challenges are limiting Govern
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