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๐Ÿ‡ซ๐Ÿ‡ฏ Fiji /Economy & Trade

Budget hopes rise among vendors in Labasa

From FBC News · () English

Summarized and contextualized by DistantNews.

At a glance

News Sources not specified Context piece
  • Market vendors in Labasa are facing increasing financial pressure due to rising living costs and fuel prices.
  • Vendors cite higher transport expenses, increased wholesale prices, and shrinking profit margins as major challenges.
  • They are calling for government measures in the upcoming national budget, such as reduced stall fees and VAT, to alleviate their financial burden.

Market vendors in Labasa are grappling with mounting financial strain as they prepare for the upcoming 2026โ€“27 National Budget. Escalating living costs and soaring fuel prices are creating significant pressure, making it increasingly difficult for them to sustain their daily earnings. Vendors are highlighting the combined impact of higher transport expenses, rising wholesale prices, and diminishing profit margins.

Saras Wati, a vendor at the Labasa market, expressed the hardship faced by many. "In our stall fees, as poor people, we donโ€™t earn that much, we are not civil servants, we donโ€™t earn much, and the price of everything is going up; itโ€™s really a hard life for us," she stated. Wati appealed for relief on stall fees, which she considers too high given their limited income and the overall increase in the cost of goods.

Another vendor, Amara Wati, noted that many sellers are now spending more than they earn. The cost of essential items like vegetables and transport has surged, while profit margins have reportedly dropped to between 10 and 20 percent. In some instances, the cost of produce has more than doubled, presenting a significant challenge for supporting families and maintaining businesses.

Bijay Nand, a vendor, suggested that the government should consider reducing Value Added Tax (VAT) and implementing stronger price controls on essential goods. He observed that households are paying substantially more for groceries, with basic food baskets costing nearly twice as much while containing fewer items. Prime Minister Sitiveni Rabuka has indicated that the budget will be realistic and disciplined, acknowledging global fuel pressures. Vendors are hopeful for a budget that balances fiscal responsibility with tangible support for low-income earners and small businesses across Fiji.

In our stall fees, as poor people, we donโ€™t earn that much, we are not civil servants, we donโ€™t earn much, and the price of everything is going up; itโ€™s really a hard life for us. Because I know he canโ€™t support the prices on the shelf in the supermarket, so at least he can help us with our stall fees. Itโ€™s too high; in Labasa, itโ€™s too high.

โ€” Saras WatiA Labasa market vendor described the financial difficulties faced by sellers due to rising costs and high stall fees.
DistantNews Editorial

Originally published by FBC News. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.