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Target budget towards economic diversification, Demos say

Saturday 22 May 2021 | Written by Emmanuel Samoglou | Published in Economy, National

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Target budget towards economic diversification, Demos say
The Cook Islands Chamber of Commerce says government economic figures for the coming year may be optimistic. Pictured here is the cargo vessel Liloa II. 21030909

With the 2021-2022 Appropriation Bill expected to be tabled in Parliament next month, the Opposition hopes to set the tone for the debate by calling on Government to prioritise economic diversification in the budget for the coming fiscal year.

With the 2021-2022 Appropriation Bill expected to be tabled in Parliament next month, the Opposition hopes to set the tone for the debate by calling on Government to prioritise economic diversification in the budget for the coming fiscal year.


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Comments

Soa Tini on 22/05/2021

The Opposition do not have any clue of what they were talking about, it is all about sweet talk but no real life experience of recovering a table by diversifying to what. If we talk about the resource of the Cook Islands of diversifying from Tourism, the nodules is there to be harvest waiting in time to be brought up, but they are the ones keeping on holding this mighty revenue down the depth of the ocean not to be diversified. Another source of manufacturing tin foods of fish, coconut cream, pineapple & orange juice in Rarotonga and so forth. The Northern Group Islands for their ladies art & craft and fish to be exported overseas. Anyway, the Department of the Finance do have some strategies put in place especially for young people to remain in the Cook Islands.