309 articles tagged "economy"
Government's plan for economic diversification in areas such as business process outsourcing, medical tourism, retirement villages, light manufacturing and agricultural value addition was discussed in a meeting between
The International Monetary Fund says it has been advising the Fijian Government to think about a fiscal consolidation plan in the medium term to create space to withstand external shocks better in the future. IMF D
Fiji exported a total of $1.85 billion worth of goods in 2021 which was an increase of 3.2% from $1.79 billion when compared to the year 2020. This was highlighted by the Minister for Commerce, Trade, Tourism and
USP economist, Neelesh Gounder says the Attorney General, Aiyaz Sayed-Khaiyum is overreacting, misinterpreting and sidestepping the issues Gounder had raised. Gounder says he has mentioned that while Sri Lanka's
Minister for Economy, Aiyaz Sayed-Khaiyum says the Sri Lankan economic crisis is due to promises by the Government which was in opposition before the crisis to bring about a widespread cut in taxes – promising
The Reserve Bank of Fiji Governor and Chairman of the RBF Board, Ariff Ali says the domestic economy is on its path to recovery after two years of contractions led largely by the tourism industry. Ali says the rece
The Reserve Bank of Fiji says as at December 2021, commercial banks have set aside $185.9 million as provisions for loans that have been identified as having some elements of not meeting the terms and conditions for wh
Unity Fiji Leader, Savenaca Narube is calling on all cabinet ministers to disclose publicly every year any foreign bank accounts that they and their spouse hold, how much are in these accounts, and what were the sources
Minister for Economy, Aiyaz Sayed-Khaiyum says the Government has no specific policy to stop women from occupying positions and under this government, we now have more women holding leadership positions in the civil ser
Ratu Nemia Dawai has been been appointed the Head of Treasury at the Ministry of Economy. Ratu Nemia has over 11 years of experience with the Ministry in areas of debt and cash flow management, treasury operations,
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 expenditure survey found Fiji’s cost-of-basic-needs pove
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 global commodity prices, supply chain disruptions, t
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 following the opening of borders in December 20
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 expenditure survey found Fiji’s cost-of-basic-needs pove
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 able to access concessional financing from the Asi
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 is an economist, has been proven wrong time and t
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 work as hotels and resorts are reopening. Westpac s
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 end of July 2022 however, it is likely that actual debt co
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 Acting Prime Minister and Minister for Economy,
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 2022 because no amount of spin will take away the
