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As of monday liquidity stands at $626.7 million - AG

As of monday liquidity stands at $626.7 million - AG
Minister for Economy and Attorney General, Aiyaz Sayed-Khaiyum [Photo:Parliament of the Republic of Fiji]

Minister for Economy and Attorney General, Aiyaz Sayed-Khaiyum says as of Monday, liquidity stood at $626.7 million.

He says this is more than double since last year.

Sayed-Khaiyum told parliament that he has been advised by the Reserve Bank of Fiji that liquidity may rise to $700 million by the end of this year.

He says this is more than sufficient to meet the credit needs in the economy.

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