Fijian economy now expected to grow by 12.4% this year – RBF Governor
The Fijian economy is now expected to grow by 12.4 percent this year, up from the 11.3 percent growth envisaged earlier. The Reserve Bank of Fiji Governor and Chairman
Tag: Economy
Milk and butter prices go up due to global factors while fuel price could go up again
Expect prices of goods impacted by global factors, to continue to rise as the Reserve Bank of Fiji has predicted that the inflation rate which currently stands at 5 perce
Bigger opportunity for the kava industry in the US – Yazbek
There is a bigger opportunity for the kava industry in the US than in Australia because the US has a bigger kava market. ANZ Fiji Country Head Rabih Yazbek stated this
We will have to look at the scarcity of skills set and the retention issues within the civil service - AG
We need to perhaps adjust the terms and conditions of employment to ensure that we maintain the teachers and nurses and retain them where there's a huge demand for them f
Inflation expected to get worse before it gets better – Rabih Yazbek
Inflation is expected to get worse before it gets better. While stating this, ANZ Fiji Country Head Rabih Yazbek says the minimum wage increase by government is expect
Over 19,000 Fijians in the North receive $100 unemployment assistance
19,521 Fijians in the Northern Division have received their $100 unemployment assistance from the Government. Minister for Economy, Aiyaz Sayed-Khaiyum says they have
Bainimarama’s comment is just a figment of his imagination – Chaudhry
Fiji Labour Party Leader Mahendra Chaudhry says Prime Minister Voreqe Bainimarama’s comment at the Lau Provincial Council meeting that his government had managed t
Domestic economy continues to show signs of improvement as international travel restrictions ease - RBF
Moving forward, visitor arrivals are expected to increase further in the peak tourism season while recruitment intentions were better, as advertisements for new jobs rose
Food prices rose by 6.9% in April
Food prices rose by 6.9 percent in April and annual headline inflation rose to 4.7 percent for the month. According to the latest Economic Review by the Reserve Bank o
Foreign reserves remain adequate at $3.018 billion as at today – RBF
Foreign reserves remain adequate at $3.018 billion as at today, enough to support 8.3 months of imports of goods and services. The Reserve Bank of Fiji Board says fore
Economy continues to show signs of improvement, driven mainly by tourism-related sectors – RBF Board
The Reserve Bank of Fiji says the economy continues to show signs of improvement, driven mainly by tourism-related sectors. Since the opening of Fiji’s border i
AG shares Fiji’s plans for economic diversification with the IMF
Government's plan for economic diversification in areas such as business process outsourcing, medical tourism, retirement villages, light manufacturing and agricultural v
IMF says a fiscal consolidation plan can put Govt debt in a sustainable path moving forward
The International Monetary Fund says it has been advising the Fijian Government to think about a fiscal consolidation plan in the medium term to create space to withstand
Fiji exported a total of $1.85 billion worth of goods in 2021 - Koya
Fiji exported a total of $1.85 billion worth of goods in 2021 which was an increase of 3.2% from $1.79 billion when compared to the year 2020. This was highlighted by
The AG is overreacting, misinterpreting and sidestepping the issues I have raised – USP economist
USP economist, Neelesh Gounder says the Attorney General, Aiyaz Sayed-Khaiyum is overreacting, misinterpreting and sidestepping the issues Gounder had raised. Gounder
Risks of a Sri Lanka-like crisis are far greater if the opposition comes into power – AG
Minister for Economy, Aiyaz Sayed-Khaiyum says the Sri Lankan economic crisis is due to promises by the Government which was in opposition before the crisis to bring abou
Domestic economy is on its path to recovery – RBF Governor
The Reserve Bank of Fiji Governor and Chairman of the RBF Board, Ariff Ali says the domestic economy is on its path to recovery after two years of contractions led largel
RBF says as at December 2021, commercial banks have set aside $185.9 million as provisions for loans
The Reserve Bank of Fiji says as at December 2021, commercial banks have set aside $185.9 million as provisions for loans that have been identified as having some elemen
Narube calls on all cabinet ministers to make public disclosures yearly
Unity Fiji Leader, Savenaca Narube is calling on all cabinet ministers to disclose publicly every year any foreign bank accounts that they and their spouse hold, how much
Govt has no specific policy to stop women from occupying positions - AG
Minister for Economy, Aiyaz Sayed-Khaiyum says the Government has no specific policy to stop women from occupying positions and under this government, we now have more wo
Ratu Nemia Dawai appointed the Head of Treasury at the Ministry of Economy
Ratu Nemia Dawai has been been appointed the Head of Treasury at the Ministry of Economy. Ratu Nemia has over 11 years of experience with the Ministry in areas of debt