RBF records a profit of $31.7 million for the 2020-2021 financial year
The Reserve Bank of Fiji recorded a net profit of $31.7 million for the 2020-2021 financial year, slightly higher than the $30.1 million in the preceding financial year.
Tag: RBF
Lottery notice circulating on social media is hoax - RBF
The Reserve Bank of Fiji has clarified that the lottery notice which has the RBF logo and is circulating on social media sites is a hoax. This hoax notice claims the u
Rising global food and crude oil prices, high freight costs, local border restrictions and mandatory COVID-19 protocols result in higher prices of some food items
Expect the prices of goods and services to rise due to increasing food and oil prices and other factors like border restrictions and COVID protocols. The Reserve Bank
Some pick-up noted from June as more businesses and citizens adapted to the COVID-19 environment - RBF
Economic activity slowed significantly in late April and May as the spread of the Delta variant intensified in the country, worsening Fiji’s socio-economic situati
$332 million received in personal remittances by families in Fiji from people overseas in the first five months of this year
$332 million was received in personal remittances by families in Fiji from people overseas in the first five months of this year. The Reserve Bank of Fiji says the tot
AG tables RBF Act 1983 to extend the period for advances from 183 days to 5 years
Attorney General Aiyaz Sayed-Khaiyum has tabled a Bill to amend the Reserve Bank of Fiji Act 1983 which seeks to extend the period for advances from 183 days to 5 years.
RBF expands coverage of the Disaster Rehabilitation and Containment Facility to micro, small and medium sized enterprises and large businesses
Good news for micro, small and medium sized enterprises and large businesses as the Reserve Bank of Fiji has expanded the coverage of the Disaster Rehabilitation and Cont
Reserve Bank of Fiji provides conditional approval to Kina Securities Limited
The Reserve Bank Board has resolved that a conditional approval be granted on Kina Securities Limited’s application to take over Westpac Fiji. The Westpac Group
Economic recovery is dependent on the successful containment of the COVID outbreak and the re-opening of borders for tourism – Ali
The Reserve Bank of Fiji Governor and Head of the Macroeconomic Committee, Ariff Ali says Fiji’s economic recovery is dependent on the successful containment of th
Outbreak of the highly contagious Delta variant in Fiji has thwarted all chances of an economic recovery this year
The Reserve Bank of Fiji Governor and Head of the Macroeconomic Committee, Ariff Ali says the second wave of the coronavirus outbreak of the highly contagious Delta varia
RBF Governor says vaccinating our population will be essential to control the spread of the virus, help support the reopening of businesses and borders and kick-start tourism activity
The Governor and Chairman of the Reserve Bank of Fiji Board, Ariff Ali says vaccinating our population will be essential to control the spread of the virus, help support
Fiji’s economic recovery hinges on how soon COVID is contained locally and the resumption of international tourism – RBF Governor
The Governor and Chairman of the Reserve Bank of Fiji Board, Ariff Ali reiterates that our economic recovery hinges on how soon the second wave of infections is contained
VAT collections drop by 27.8% however strong growth was noted in second-hand vehicle registrations by 122.2%
The Reserve Bank of Fiji says investment and consumption activity remained weak in the first three months of the year, indicating subdued confidence amidst continued econ
RBF says the recent COVID situation will further prolong the already subdued economic activity in Fiji
The Reserve Bank of Fiji says while progress has been made on the vaccination front considering that over 50,000 Fijians have received the first dose of the AstraZeneca v
Job vacancies continue to decline, govt revenue down by $557 million compared to last year while govt debt is $6.86 billion
Fiji is continuing to grapple with the economic downturn and effects of COVID-19 as the latest Reserve Bank of Fiji economic review says job vacancies continue to decline
International travel, pick up in tourism activity locally and revenue support by govt in budget can help in economic recovery - RBF
The Reserve Bank of Fiji says resumption of international travel and the pick-up in tourism activity locally, along with the level of revenue support by the government in
ATM transactions have doubled in the last decade while usage of cheques fell by 57%
The volume of ATM transactions in Fiji doubled from 12.6 million transactions in 2010 to 23.2 million at the end of 2019. This is according to the Reserve Bank of Fiji
As at 31st Dec, liquidity in the banking system stood at $836.8 million - RBF
The Reserve Bank of Fiji says as at 31st December, total liquidity in the banking system stood at $836.8 million.The RBF says increased credit risks have also led the ban
Major decline in vacancies - RBF
The RBF’s 2020 Economic Review further states there is an evident downcast in labour market conditions as the RBF’s Job Advertisement Survey registered a 65
Consumption spending noted weak outcomes in 2020 while personal remittance inflows have been strong - RBF
The Reserve Bank of Fiji says partial indicators for consumption spending have noted weak outcomes in 2020 and cumulative to November, VAT collections fell by an annual 3
RBF statistics for the last decade from 2010-2019 shows that the average economic growth for Fiji was 3.2%
The Reserve Bank of Fiji statistics for the last decade from 2010 to 2019 shows that the average economic growth for Fiji was 3.2% however the Opposition Leader, Sitiveni