The Reserve Bank of Fiji will now study the possibility of introducing an import substitution financing facility.
During his closing address, at the Food Symposium yesterday Governor Sada said this will be similar to the export finance facility to assist large scale commercial agricultural farming for non-traditional sectors.
According to Reddy he said the Reserve Bank will soon start dialogue on suggestion of Disaster Insurance for crops as recommended, adding wide consultations needs to take place.
Import substitution financing facility likely
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