The Interim Government should review its policies put in place before forecasting any future growth.
This is the comment of University of the South Pacific academic and Economist Dr. Mahen Reddy following revelations by the Reserve Bank of Fiji that Fiji's economic growth for this year, projected at 1.7%, down from 2.2% announced in October last year.
Reacting to this, Dr. Reddy said the Interim Administration should ensure that policies put in place allow for a 2.2% increase before they set goals higher than what the economy is able to achieve.
Dr. Reddy also highlighted earlier that the interim administration should think twice before imposing taxes on industries - like the 5% Hotel Turn Over tax imposed on Hotel Operators.
Economist Calls for Policy Review
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