Budget 2024-25

MPs salary increase to cost $4.1m

June 28, 2024 10:24 am

[Source: Parliament of the Republic of Fiji/Facebook]

The increase in salaries for Members of Parliament will cost $4.1 million.

This has been confirmed by the Minister for Finance, Professor Biman Prasad.

Prasad says the increase in salary for parliamentarians is the first-ever undertaken over eight years, and it represents only one percent increment for most ministers or three percent for the Prime Minister and Deputy Prime Ministers.

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He says if the MPs pay hike is further adjusted for the COVID-19 twenty percent pay-cut, the increase in salaries for parliamentarians will actually cost $1.4 million.

Prasad says the Coalition Government acknowledges that people were not adequately informed about the pay hike, and there should be a reasonable period of public consultation on increase in salaries for MPs in the future.

“The vote taken last month on parliamentary pay rises was deemed as deeply unpopular. We are not blind to the commentary in the mainstream media, on social media and planned protests and the petitions.”

Prasad adds there should also be ample time for deliberation by the Members of Parliament, given their ability to vote for their own pay.

He further says in order to ensure transparency in the future, the review of parliamentarians’ allowances and salaries should be determined by an independent Emoluments Committee appointed by a resolution of parliament.