“…• Business: In 1992, FJ$20 million in public funds were granted to Fijian-owned businesses through Fijian Holdings Limited. The annual number of publicly-subsidized loans to Fijianowned rms through the Fiji Development Bank roughly tripled after 1988, and their terms were made more concessional (Ratuva 2002;Gounder and Prasad 2005). In 1990, the Fiji National Provident Fund created the Small Business Equity Scheme, which over the next decade paid out over FJ$17 million to business owners-roughly 90% of whom were Fijian (Ratuva 2002).…”