309 articles tagged "economy"
Australia continues to assist Fiji as it has provided a further 26 million Australian dollars for general budget support. Australia has so far provided more than Fijian $150 million as budget support to Fiji.
More than 220,000 Fijians in Viti Levu will receive their $50 government assistance by this afternoon with a total payout of $11 million. This has been confirmed by the Acting Permanent Secretary for Economy, Shiri
Minister for Economy, Aiyaz Sayed-Khaiyum says they have not debunked every single report of the Office of the Auditor-General as there are some that are good but there are some that have flaws in it while SODELPA MP, A
The Reserve Bank of Fiji Board has reduced the interest rate from 1% to 0.25% for loans taken by financial institutions under its Import Substitution and Export Finance Facility, Disaster Rehabilitation and Containment
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 locally and the resumption of international tour
48,000 families have been assisted with a total payout of $4.3 million through the $90 assistance program so far. Acting Permanent Secretary for Economy Shiri Gounder says 36,000 families have been assisted in the
Permanent Secretary for Health, Doctor James Fong says they can have a targeted approach on lockdowns to ensure that if they do lock down an area, or even all of Viti Levu, they do not place undue hardship on people and
Fiji’s foreign reserves have increased to $2.777 billion at the end of April, compared to $2.179 billion in February. The Reserve Bank of Fiji says this is sufficient to cover 8.6 months of retained imports.
Minister for Economy Aiyaz Sayed-Khaiyum says the funding they receive from other countries helps cushion the blow with respect to our revenue collection. Fijivillage had asked Sayed-Khaiyum whether some of the dis
The Fijian economy is forecast to expand by around 2.3 percent through 2021 and increase by 12.2 percent in 2022, recovering from the COVID-19 related estimated 17.4 percent contraction during 2020. This is accordi
The Acting Minister for Economy Faiyaz Koya says Investment Fiji cannot continue on the current path where they play the role of a facilitator, a regulator and a border protector. While speaking at an Investment Fi
$30 million will be injected into Fiji’s economy by the American reality show, Survivor which will be produced in Fiji again this year. It will also create jobs for more than 400 Fijians. While speaking at t
Acting Minister for Economy and Attorney General, Faiyaz Koya says the 2021-2022 National Budget will focus on forming a key pillar of a robust economic recovery that puts Fijians back to work and revives critical indus
Fiji Airways today signed a US$65 million Liquidity Support Loan Facility with the Asian Development Bank. The Support Facility is to help the airline cover operating costs and meet financial obligations while the
The Nadi Chamber of Commerce and Industry will be submitting that the marijuana industry needs to be explored for several good reasons as part of its submission for the 2021/2022 National Budget. The Chamber had it
Fiji’s total remittances received from January to December last year was the highest ever standing at $652.75 million, which is an annual increase of 11%. International remittances refer to the transfer of money
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, government revenue is down, spending is down an
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 the 2021-2022 National Budget can help in the re
Minister for Commerce and Trade, Faiyaz Koya says they are looking at measures to ensure Fiji’s economy remains resistant. He says under the Regulations of Building Permits Act 2017, a fast-tracked and streamline
Minister for Commerce and Tourism Faiyaz Koya says at least 630,000 Fijians need to be vaccinated to ensure that we are protected against COVID-19, which will allow Fiji to open the economy safely. Koya says the
