Fijian economy on track to grow for fourth consecutive year in 2025 by 3.4%
The Fijian economy is on track to grow for the fourth consecutive year in 2025 by 3.4 percent, following a 3.5 percent expansion in 2024. The growth forecast is revise
Tag: Economy
Taskforce to crack down on tax crimes formalised with multi agency MoU
A memorandum of understanding for the Tax Crime Taskforce has been signed today by FRCS along with eight other key agencies, including the Fiji Police Force and FICAC, to
Consumption activity remains strong supported now by reduced VAT and improved disposable income
Consumption activity remains strong so far into the year in Fiji fuelled by higher disposable income and steady remittance inflow. The Reserve Bank of Fiji says in the
RBF transfers $146 million profit to govt
The Reserve Bank of Fiji has transferred a record $146 million in profit to the Fijian Government for the 2024–2025 financial year. RBF Governor Ariff Ali says
Creative industries a priority for govt - Prof Prasad
Deputy Prime Minister and Finance Minister Professor Biman Prasad has announced bold measures to boost Fiji’s growing film sector, underscoring that the industry i
68% of households report income increase - Bureau of Stats report
Household income increased this year for 68 percent of families, compared to 71 percent last year while it has been stated that 65 percent of families have been forced to
Prof. Prasad thanks Fijian diaspora for $1.4b support, urges investment in Fiji
Deputy Prime Minister and Minister for Finance, Professor Biman Prasad has expressed the Government’s deep appreciation for the Fijian diaspora’s continued
Fiji recognised as emerging economic hub in new MCC selection
MCC says that as a close ally and partner on shared priorities, Fiji also represents an emerging economic hub for American businesses. Christopher Landau, Deputy Secr
New mega port to be built at Rokobili Terminal
A new mega port is to be built at the Rokobili Terminal in Suva and will handle up to 250,000 containers (TEUs) and help us grow beyond the year 2035. Prime Minister S
2025/2026 National Budget is short-sighted and debt-heavy - Chand
The 2025/2026 National Budget is short-sighted, debt-heavy, and dangerously out-of-touch with the real needs of the Fijian people. While opposing the budget, Oppositio
Bajekal says past investment figures seemed dubious, but sees genuine projects now
Following the announcement of investments underway in 177 projects valued at $5.8 billion, prominent businessman Ram Bajekal says these are sort of numbers that were band
Household Income Survey expected to be completed by March 2026
The Household Income Survey for 2025/2026 is expected to be completed by March next year. Chief Statistician of the Household Survey Division Poasa Naimila says to mak
Cocoa farming a missed economic opportunity - Osea Vutikalulu
68-year-old Osea Vutikalulu says cocoa farming is a business that has rarely been practiced in Fiji in recent years, and it is a source of income that needs to be revived
Govt to explore more cost-of-living relief in upcoming budget
People can hope for some relief as Deputy Prime Minister Professor Biman Prasad says in the upcoming National Budget, they will explore further measures to alleviate cost
Fiji has the lowest interest rate of 0.25%
Fiji and Switzerland have the lowest interest rate of 0.25 percent. According to the Visual Capitalist, Venezuela has the highest interest rate of 59.4 percent as the
Shadow economy costs Govt nearly $1B - FRCS CEO
The shadow economy, also known as the black economy, is estimated to be nearly a billion dollars annually, representing a significant loss in tax revenue that fails to re
Those who bankrupted their party and fled Parliament shouldn’t lecture on economic policy – Prof. Prasad
Unfortunately, people like Opposition MP Alvick Maharaj and former Minister for Economy Aiyaz Sayed-Khaiyum continue to lie thinking that it will improve their political
Fiji’s inflation rate drops to -0.9 in April 2025
Fiji’s inflation rate dropped to -0.9 percent in April 2025, marking the lowest monthly rate since May 2021 and a significant decline from 7.1 percent recorded in
Fiji is helping to shape the future of our region - Kamikamica
Fiji is not just adapting to change but helping to shape the future of our region. Deputy Prime Minister and Minister for Trade, Manoa Kamikamica highlighted this whil
Prof. Prasad reaffirms Govt’s commitment to inclusive economic growth
As people will have a chance to give their opinions on the National Budget, the Deputy Prime Minister and Minister for Finance, Professor Biman Prasad has had discussions
Prof. Prasad calls for urgent Pacific response to unfair US tariffs
Deputy Prime Minister and Minister for Finance Professor Biman Prasad is calling on Pacific leaders to meet urgently to map a firm regional response to the unfair tariffs