108 articles tagged "rbf"
As inflation is expected to be around 6 percent by the end of this year from the 2.8 percent expected before the 2022-2023 National Budget announcement, the Reserve Bank of Fiji says people should anticipate a reduction
The Reserve Bank of Fiji has handed over a record breaking profit of $103.4 million to Deputy Prime Minister and Minister for Finance Professor Biman Prasad. RBF Governor, Ariff Ali says this is compared to the $4
The Reserve Bank of Fiji is aware of a scheme currently operating in the country known as “EbayShop Online Recruitmentâ€, which is neither licensed nor registered with the RBF. RBF is reminding the public to ta
The tourism led economic recovery has kept pace and the recently announced 2023-2024 National Budget will provide additional stimulus and support economic activity going forward. Reserve Bank of Fiji Governor and C
Given the recently announced tax increases in the 2023-2024 National Budget, inflation is expected to rise from August onwards and register at 4.7 percent at the end of the year before subsiding to 2.5 percent by the en
Reserve Bank of Fiji Deputy Governor Esala Masitabua says global prices of food has come down but it is still above pre-pandemic levels. While speaking during the Multi-Stakeholder Dialogue on the Fijian Economy or
Deputy Governor of the Reserve Bank of Fiji, Esala Masitabua says a decline in New Zealand’s economy could result in slight decline in Fiji’s tourism, export and remittances. While speaking during the Multi-St
The growth projection for the Fijian economy in 2023 is revised upward to 8.0 percent from the 6.0 percent envisaged in November 2022. Reserve Bank of Fiji Governor and the Chairman of the the Macroeconomic Committ
The Reserve Bank of Fiji says visitor arrivals are expected to reach 2019 levels by the end of 2023, faster than earlier anticipated following the better-than-expected arrivals in the year to April. They say in Apr
The Governor and Chairman of the Reserve Bank of Fiji Board, Ariff Ali says the International Monetary Fund’s recent downgrade of the global growth forecast for 2023 revealed the emergence of economic fragilities, whi
The outlook for visitor arrivals to Fiji for 2023 is now expected to be higher than earlier projected based on the trend in arrivals for the first quarter, which track higher than the 2019 total for the same period.
The official residence of the Governor of the Reserve Bank of Fiji has not been sold and it was not put in the market in the past 10 years. RBF Governor, Ariff Ali has made this comment after questions raised on w
The 67,502 visitors that Fiji received last month was the highest January arrivals on record. This has been stated by the Reserve Bank of Fiji, who say the numbers last month surpassed January 2019 levels by 5.8 pe
Year-end inflation cooled to 3.6 percent in 2022, much lower than the forecast of 5 percent, as prices for food and alcoholic beverages were lower than expected. While making the assessment, the Reserve Bank of Fij
A range of data sources indicate that Fiji’s economic recovery continues, on the back of a strengthening tourism industry and its positive flow-on effects to related sectors. That is the assessment of the Reserve
Reserve Bank of Fiji Governor, Ariff Ali, launched a newly upgraded Real Time Gross Settlement RTGS System today, marking an important milestone in modernising Fiji’s Payment System. RBF says the system will now
Reserve Bank of Fiji Governor, Ariff Ali says Unity Fiji candidate, Mohammed Riyaz Khan has made some unsubstantiated and false allegations. Ali says with regards to the proceeds of the borrowing from RBF being use
The Reserve Bank of Fiji says based on the trend in arrivals in the past nine months and forward airline and hotel bookings for the remainder of 2022, this year’s arrivals are expected to rise to just above 581,000 vi
Fiji’s payment systems landscape is getting an upgrade as the Real Time Gross Settlement System is being upgraded to provide for more effective and efficient payments with enhanced electronic fund transfers. The
The Fijian economy continues to strengthen, aided by the rebound in tourism and key economic sectors with positive flow on effects onto the job market. The Reserve Bank of Fiji says the labour market continues to
