Aiyaz Sayed-Khaiyum says government will ensure that Fijians do not lose their homes

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Sayed-Khaiyum met with the board and the executives of the Fiji National Provident Fund to talk about potential alternatives to help those FNPF individuals influenced by COVID-19 in their home credit reimbursement.

He further says they will cooperate with FNPF and all other monetary organizations including business banks to help Fijians so they don’t lose their homes.

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In the interim, the CEO of the Fiji National Provident Fund, Jaoji Koroi says under their current lodging withdrawal strategy, individuals can get to their General Account to decrease or take care of their home credit, given their assets will pay off the obligation by at any rate 15%.

He says this has been gotten to by numerous individuals throughout the long term.

Koroi affirms the Fund is currently looking into the home advance reimbursement alternative, considering the monetary difficulties that numerous individuals are looking because of COVID-19.

Koroi says they will settle on important declarations once a choice is finished.

He includes the most recent couple of months, lodging withdrawals have significantly increased contrasted with a year ago and this is a decent sign that it’s reacting successfully to individuals’ necessities.

-Fiji Village
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