2 Dec 2014

Fiji government sells shares in pension fund

4:25 pm on 2 December 2014

The Fiji Government is set to divest its shares in a number of companies including the country's pension fund.

The Finance Minister, Aiyaz Sayed Khaiyum, says there's no need for the Goverrnment to dabble financially where it doesn't need to.

He signalled the government would divest its interests in the Fiji National Provident Fund, as well as Airports Fiji Limited, the Fiji Port Corporation and the Fiji Electricity Authority.

Mr Sayed Khaiyum says it's the government's responsibility to invest in partners that will give it better efficiency.