Concerns raised on government debt after ADB highlights poverty rate in report
The Asian Development Bank says Fiji’s poverty rate has been rising, even before the impact of the COVID-19 pandemic, and the most recent household income and expe
Tag: Economy
Year-end inflation forecast for 2022 has been revised up to 4.5% - RBF Governor
Reserve Bank of Fiji Governor, Ariff Ali says the year-end inflation forecast for 2022 has been revised up to 4.5 percent due to high imported inflation amidst rising glo
Domestic economic activity indicators in January have been mainly favourable – RBF Governor
Reserve Bank of Fiji Governor and Chairman of the Board Mr. Ariff Ali says the domestic economic activity indicators in January have been mainly favourable. Ali says f
With modest growth rates from 2015 to 2019, Fiji has found it challenging to significantly reduce remaining poverty - ADB
The Asian Development Bank says Fiji’s poverty rate has been rising, even before the impact of the COVID-19 pandemic, and the most recent household income and expe
Public debt debate in Fiji now cannot happen in isolation and with incorrect debt statistics – PS for Economy
The Fijian Government has welcomed the recent reclassification of Fiji by the Asian Development Bank from Group C to group B countries which means that Fiji will now be a
Narube has been proven wrong time and time again and is selective about the data – Sayed-Khaiyum
Acting Prime Minister and Minister for Economy, Aiyaz Sayed-Khaiyum says Unity Fiji Leader, Savenaca Narube who is rolling out his credentials saying he is correct as he
50% of about 120,000 Fijians in the tourism sector have gone back to work as hotels and resorts are reopening
The latest Westpac Wave edition on Fiji’s Economic Update says there is now indication that around 50 percent of Fijians in the tourism sector have gone back to wo
Govt debt projected to be around $9.1 billion by July 2022 but could be lower if tourism and other sectors pick up
The latest Westpac Wave edition on Fiji’s Economic Update states that the Government’s debt is projected to be around $9.1 billion or 91.6 percent of GDP by
It will be some years before the Fijian economy shows any signs of growth – Chaudhry
Fiji Labour Party Leader, Mahendra Chaudhry says it will be some years before the Fijian economy shows any real signs of growth. While reacting to a statement by the A
No amount of spin will take away the fact that our economic management in the last 7 years has been a disaster - Prof. Prasad
National Federation Party Leader Professor Biman Prasad says it is shameful for the Minister for Economy Aiyaz Sayed-Khaiyum to talk about historical expected growth in 2
11.3% economic growth projected for this year which may be the highest ever in Fiji's history - Sayed-Khaiyum
Acting Prime Minister Aiyaz Sayed-Khaiyum says the Macroeconomic Committee recently released the revised economic growth numbers with a double-digit growth projected for
Corrupt culture in some of the business people has still not gone – AG
Minister for Economy, Aiyaz Sayed-Khaiyum says the culture of corruption has still not gone from some of the business people. Sayed-Khaiyum highlighted this while offi
Despite the growing optimism, there are downside risks to the economic outlook – RBF Governor.
The Reserve Bank of Fiji Governor and Chair of the Macroeconomic Committee, Ariff Ali says a slower-than-anticipated travel appetite, the wait-and-see approach by investo
Despite the growing optimism, there are downside risks to the economic outlook – RBF Governor
The Reserve Bank of Fiji Governor and Chair of the Macroeconomic Committee, Ariff Ali says a slower-than-anticipated travel appetite, the wait-and-see approach by investo
Economic growth expected to rebound by 11.3% in 2022 following a re-estimated 15.2% contraction in 2020
Fiji’s economic growth is expected to rebound by 11.3% in 2022, following a re-estimated 15.2% contraction in 2020 and a 4.1% decline in 2021. The Reserve Bank
Ministry of Economy yet to appoint peer review consultants for the yet-to-be completed Lautoka Swimming Pool Project
The Ministry of Economy is yet to appoint peer review consultants for the yet-to-be completed Lautoka Swimming Pool Project for which the cost has escalated from the budg
Distribution for the second round of the $360 unemployment benefit to be spaced out to avoid crowding
Minister for Economy Aiyaz Sayed-Khaiyum says they will be spacing out the distribution for the second round of the $360 unemployment benefit to avoid massive crowding in
RBF forecasts inflation to reach 2% by the end of 2021 after accounting for elevated external price pressures
The Reserve Bank of Fiji forecasts inflation to reach 2 percent by the end of 2021 from -2.6 percent at the end of 2020 after accounting for elevated external price press
Economic prospects relatively favourable in the months ahead however some uncertainties remain – RBF Governor
The Reserve Bank of Fiji Governor and Chairman of the Board, Ariff Ali says in the months ahead, economic prospects are relatively favourable as the appetite to travel to
Underspending by Govt shows the years of wastage and mismanagement of taxpayers funds – Prasad
National Federation Party Leader Professor Biman Prasad says the underspending by government simply shows their years of wastage and the mismanagement of taxpayers funds
Over 300,000 applications received for the second round of the government’s $360 unemployment assistance
Over 300,000 applications have been received for the second round of the government’s $360 unemployment assistance for the formal and informal sector. Acting Pe