108 articles tagged "rbf"
The Reserve Bank of Fiji is launching a new series of banknotes that will be officially unveiled by President, Ratu Naiqama Lalabalavu on 2nd December this year, in Suva, and the new notes will come into circulation fro
Consumption activity remains strong so far into the year in Fiji fuelled by higher disposable income and steady remittance inflow. The Reserve Bank of Fiji says in the year to August, net Value Added Tax collection
The Reserve Bank of Fiji has transferred a record $146 million in profit to the Fijian Government for the 2024–2025 financial year. RBF Governor Ariff Ali says since the government is the Bank’s sole shareholde
A misleading fake video has been circulated portraying the Reserve Bank of Fiji Governor giving misleading information on various digital platforms. The RBF says the video appears to be generated by Artificial Inte
Visitor arrivals grew in May by 4.4 percent compared to the same month a year ago according to the Reserve Bank of Fiji. However, in the first five months of 2025, total visitor arrivals noted an annual contraction
Following the flooding in early 2023, more than $200,000 was paid to the affected people through the UNCDF's Pacific Insurance and Climate Adaptation Programme. Reserve Bank of Fiji Governor, Arrif Ali highlighte
The Reserve Bank of Fiji has just announced a historic $135.5 million dollars profit for the financial year 2023-2024 which ended in July. The Governor and Chair of the Reserve Bank Board, Ariff Ali says this surpa
The Reserve Bank of Fiji (RBF) was announced winner of the esteemed Nestor Espenilla Jr. Financial Inclusion Innovation Award at the 2024 Alliance for Financial Inclusion (AFI) Global Policy Forum Awards event in San Sa
The annual headline inflation rate picked up from 5.8 percent in May to 6.7 percent in June, and was underpinned by higher prices in the food and non-alcoholic beverages, alcoholic beverages, tobacco and narcotics, tran
As we await the announcement of the 2024/2025 National Budget, there are clear indications that a lot of work needs to be done as the Macroeconomic Committee has highlighted that investment is slow-paced, we continue to
Chair of the Macroeconomic Committee, Ariff Ali has signaled higher prices of goods and services if we have an increase in the national minimum wage without increased productivity. There are indications coming thro
The Fiji economy is expected to grow by 3 percent this year. This has been stated by International Monetary Fund rep Marshall Mills who says after a strong rebound from the pandemic, Fiji’s economic growth is ret
The annual headline inflation was 3.6 percent in January (from 5.1% in December 2023), largely on account of higher prices recorded across most categories, particularly for food and non-alcoholic beverages, alcoholic be
The Reserve Bank of Fiji has made it clear that the “Elite Society†like most similar investment schemes presented on social media, is not approved by the RBF. The RBF says any scheme which has certain features is
Economic activity domestically has been healthy despite persistent headwinds, mainly due to a thriving tourism sector, strong remittances and resilient domestic demand where visitor arrivals continued to grow despite th
Inflation surged to 5.8 percent in November as higher prices were noted across most categories, particularly the food and nonalcoholic beverages, transport, housing and utilities, and restaurants and hotels categories.
The demand for labour continues to rise, reflective of the rebounding economic activity coupled with higher labour emigration according to the Reserve Bank of Fiji. The Reserve Bank of Fiji says the loss of skilled
Despite the slowdown in the global economy, the Reserve Bank of Fiji states that the Fijian economy continues to perform well and is projected to grow by 8.2 percent this year, following a robust 20 percent expansion in
The Fijian economy is projected to expand by 8.2 percent this year, an upgrade from the 8 percent growth expected earlier, and by the end of the year, visitor arrivals are expected to be 4 percent higher than 2019 and r
The cumulative increase in food prices alone since the COVID-19 pandemic in March 2020 is 24.5 percent while the cumulative increase in food prices from January to October 2023 is 6.9 percent. This is based on stat
