The Fiji Revenue and Customs Authority 2013 revenue collection has exceeded all expectations totaling $1.860billion (bn) against the target of $1.852bn.
This is consistent with the latest macroeconomic fundamentals announced in the 2014 Budget.
“The collection was higher than the original forecast by $7.7m and $34.7m over the revised target,” authority chief executive, Jitoko Tikolevu said.
“The 2013 achievement is $118m more than what was collected in 2012.
“The improved performance against the revised forecast signals positive 2014 revenue outlook as the 2013 revised numbers formed the baseline to forecast 2014 revenue levels.”
— FIJI REVENUE AND CUSTOMS AUTHORITY
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Fiji revenue collection surpasses target
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