108 articles tagged "rbf"
The Reserve Bank of Fiji has so far approved 5,244 loan applications worth $106.9 million under the COVID-19 Recovery Credit Guarantee Scheme. Acting Prime Minister and Minister for Economy, Aiyaz Sayed-Khaiyum sa
The Reserve Bank of Fiji confirms inward personal remittances grew by 14.6 percent in 2021 to reach a new record of $842.2 million. Personal remittances is money sent from overseas to people in Fiji. Of the to
The Reserve Bank of Fiji Governor and Chairman of the Board, Ariff Ali says data for the 2021 December quarter depicted a pickup in aggregate demand indicators when compared to the previous quarter, supported by the gra
The Reserve Bank of Fiji Board says the annual inflation was 3.0 percent in December 2021, underpinned by higher food and fuel prices which have been spurred by higher global commodity prices, supply chain disruptions,
The Reserve Bank of Fiji has been awarded the ‘Regional Commemorative Banknote of the Year Award 2021’ for the commemorative $50 banknote at the Reconnaissance International High-Security Printing Webinar. The
 The Governor of the Reserve Bank of Fiji, Ariff Ali says mobile money payments have increased from around $100 million in 2016 to more than $700 million in the first 10 months of 2021. While speaking at the 23rd
The Reserve Bank of Fiji Governor and Chair of the Macroeconomic Committee, Ariff Ali says a slower-than-anticipated travel appetite, the wait-and-see approach by investors in light of the upcoming 2022 General Election
Fiji’s economic growth is expected to rebound by 11.3% in 2022, following a re-estimated 15.2% contraction in 2020 and a 4.1% decline in 2021. The Reserve Bank of Fiji Governor and Chair of the Macroeconomic Comm
The Reserve Bank of Fiji says Government revenue declined by 11% to $276.4 million while total expenditure rose sharply at 31.2% to $547.1 million due to the surge in capital expenditure on an annual basis in the first
The Reserve Bank of Fiji says the influx of personal remittances along with the second payout of the Government’s $360 cash assistance and improvement in labour market conditions is expected to provide some additional
The Governor and Chairman of the Reserve Bank of Fiji Board, Ariff Ali says the bounce-back in domestic economic activity is underway, although it remains below pre-pandemic levels. Ali emphasised that the resumpti
The Reserve Bank of Fiji Governor, Ariff Ali says the $96.6 million disbursed in loans to over 4,500 businesses to date is timely and ensures that disruptions to business operations are minimised, and much-needed workin
The Reserve Bank of Fiji says people should refrain from placing deposits or participating in deposit schemes offered by unlicensed individuals or entities. It says these unlicensed individuals and/or entities are
The Reserve Bank of Fiji forecasts inflation to reach 2 percent by the end of 2021 from -2.6 percent at the end of 2020 after accounting for elevated external price pressures, especially for energy and food. RBF Go
While credit conditions remain soft, the injection of approximately $300 million through the various Reserve Bank of Fiji Facilities, including approximately $93.3 million in loans to 4,185 businesses under the Governme
The Reserve Bank of Fiji Governor and Chairman of the Board, Ariff Ali says in the months ahead, economic prospects are relatively favourable as the appetite to travel to Fiji is visible from the growing airline and hot
The Reserve Bank of Fiji Governor, Ariff Ali says generally inflation based on the basket of goods has been in the negative territory for almost two years until last month as freight costs is affecting the prices of goo
Reserve Bank of Fiji Governor, Ariff Ali has acknowledged that the COVID-19 pandemic which is a one in a 100 year event, has resulted in the sharpest economic contraction in our modern history in 2020 however he says th
The annual inflation rate turned positive in August and stood at 0.8 percent, higher than the -0.4 percent recorded in the previous month, led by higher food and energy prices. The Reserve Bank of Fiji says in Fiji
The Reserve Bank of Fiji says remittances, including mobile money transfers, rose by 18.7 percent to total $529.3 million in the year to August. This is compared to an 8.4 percent growth of $445.8 million in the co
