Fiji National Provident Fund contributors and pensioners should be concerned. Perhaps worried. Perhaps frightened. Because our FNPF life savings are under threat. Fijian Holdings Limited tried to borrow more than a hundred million from FNPF when
private banks had refused. Thankfully, the FNPF refused. More ominously, the Interim Government wants to borrow hundreds of millions, basically to sustain their increased recurrent expenditure and military over-spending. The private banks,
local or overseas, will not oblige. Should FNPF oblige? Will FNPF oblige? If FNPF continuously gives in to such lending pressures from Government, without economic growth, it will only encourage inflation to rise in the long more...