2020

India pledges approximately FJ$ 1.8 million towards developing climate disaster risk financing in Fiji

India pledges approximately FJ$ 1.8 million towards developing climate disaster risk financing in Fiji

September 9, 2020

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The India UN Development Partnership Fund, managed by the United Nations Office for South-South Cooperation, has pledged FJ$1.8 million (~US$ 850,000) to support a new initiative to create a climate disaster risk financing framework for Fiji.

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Tax refund for payments with airtime approved

Tax refund for payments with airtime approved

August 21, 2020

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The Solomon Islands Government, through their Economic Reform Unit, has approved tax refunds for payments using airtime for pension savings. This waiver allows Solomon Islanders using airtime credit to deposit savings to not have to pay 10 percent tax over that purchase. This amount will retroactively be refunded into you Save members’ accounts.

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UN report highlights measures to improve MSME access to finance in Samoa

UN report highlights measures to improve MSME access to finance in Samoa

August 18, 2020

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Bangkok (ESCAP news) – The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the Central Bank of Samoa (CBS) launched a joint report today called Micro, Small and Medium-sized Enterprises’ Access to Finance in Samoa. The study finds that while micro enterprise financing in Samoa is accessible to much of the population, only 50 per cent of small and medium enterprise (SMEs) have obtained commercial finance.

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Fiji Government joins Pacific voices in a call to action to keep remittances flowing during the COVID-19 pandemic

Fiji Government joins Pacific voices in a call to action to keep remittances flowing during the COVID-19 pandemic

June 30, 2020

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Fiji has joined Vanuatu and the Pacific Islands Forum Secretariat in voicing support for a global call to action which aims to mitigate a predicted reduction in remittances following the COVID-19 crisis.

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Vanuatu joins global call to action on remittances during COVID-19

Vanuatu joins global call to action on remittances during COVID-19

June 22, 2020

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Vanuatu has joined countries and organizations from around the world in supporting a call to action to policymakers, regulators and remittance service providers to improve migrants’ access for sending and receiving remittances, and to reduce transfer costs during the ongoing COVID-19 pandemic. It has been estimated that the pandemic will cause a 20% decline in...

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FOR MORE INFORMATION

or media inquiries please contact:
Erica Lee
Communications Associate
Tel: +679 3227538
Email: erica.lee@undp.org
Website: http://www.pfip.org/