‘Business as usual’ is no longer safe, says PM as government charts economic path

February 23, 2026 10:54 pm | Posted in Business News | Share now TwitterFacebook

Prime Minister (PM) Jotham Napat emphasised the need for economic transformation yesterday as the central goal of the Government, at a first-ever government forum spearheaded by his office – bringing together government ministers, Directors General (DGs), and senior officials.

In his address at the Yumi Tugeta Forum, PM Napat reflected on the Government’s first year in office, highlighting achievements in stability, control, and credibility. “We have achieved a lot together, and that work matters,” he said. “Without it, nothing else is possible.”

Looking ahead, the PM stressed that the world has changed, with climate shocks, global conflict, and rising costs impacting Vanuatu. “Doing ‘business as usual’ is no longer safe,” he said, emphasising the need for a stronger economy to protect people, create jobs, and fund essential services.

The Government has been working on a new strategy that puts economic transformation at its centre, recognising the critical role of health and education. The strategy aims to build on existing foundations, including infrastructure, energy systems, and telecommunications, and will focus on three key areas: the economy, healthcare, and education. One of its key objectives is to clarify the National Sustainable Development Plan (NSDP) and outline clear outputs before the country reaches its 50th anniversary.

“We want to make sure that we have a clearer structure in place, which also allows all of you to have a voice at the table on an ongoing basis,” PM Napat said, inviting feedback and ideas from participants.

The forum is part of a consultation process, seeking input from government officials and stakeholders to shape the Government’s strategy. The PM emphasised the need for a whole-of-country effort, involving businesses, communities, and individuals in Vanuatu’s development journey.

“We must be disciplined and work together to achieve our goals,” he said, calling for alignment among coalition partners, ministerial leadership, and a commitment to support each other.

In the coming days, each government ministry will work on refining their service targets and outputs, ensuring they are specific, measurable, and achievable by 2030 when the country celebrates its 50th anniversary.