Interim Finance Minister Mahendra Chaudhry said the nation’s economy is on the right track and there are positive indicators that the economy is definitely on the mend in the short span of 15-18 months compared to the highly precarious state it was in when they took over from the Qarase led SDL government

According to Chaudhry, Fiji Foreign reserves have stabilized, government's debt levels have declined to 47% compared to the 525 under the SDL led Government, the Budget deficit had been contained to less than 2% from 5% of the Gross Domestic Product and the interests rates have also declined from 14-15% right down to 7%.

Chaudhry made this statement in clarification on the statement made by Reserve Bank Governor Savenaca Narube that he is surprised that there is no clear national economic target that everyone can understand and embrace

He added the interim government is aware of what had been fundamentally wrong with the economy for almost two decades and has adopted sound fiscal and financial management policies to address.

Earlier this week, Narube said that Fiji has already passed the point where action is critical and there has been enough debate about it