Seruiratu challenges debt record

Fiji's national debt has surged by an alarming $3.48 billion in just four years, a stark figure highlighted by Opposition Leader Inia Seruiratu. He expressed significant concerns regarding the country's financial trajectory, warning that the rapid escalation of borrowing could jeopardize its future economic stability.

Speaking in Parliament during his response to the 2026–2027 National Budget, Seruiratu pointed out that the current government has amassed nearly the same amount of additional debt in its four-year term as previous administrations did over longer periods. This rapid accumulation suggests a potentially unsustainable fiscal path.

The opposition's critique comes as the government presents its budget, and the substantial increase in debt is a central point of contention. Seruiratu's remarks underscore a growing unease about fiscal management and the long-term implications of the current borrowing levels for Fiji's economy.