31 Oct 2014

French Polynesia rules out tax hike

4:23 pm on 31 October 2014

The French Polynesian president has ruled out tax increases in the next budget as his administration is trying to revive the economy hit by a long decline.

The French Polynesia parliament building

The French Polynesia parliament building Photo: RNZ

In an address to the assembly, Edouard Fritch said a fresh and more inclusive approach was needed to overcome the difficulties.

He also says he wants to quash rumours of disunity within the ruling majority, saying his party will remain united throughout the long budget process.

But he says this time around there has to be a constructive change by getting away from having the head of the executive holding a monologue that is only followed by more monologues of the other parties.

Mr Fritch says structural reforms are needed to bolster public finances.