Fijivillage
NEWS SPORTS IN DEPTH
27 March, 2026, 7:12 pm
Central - 26°C Rain
27 March, 2026, 7:12 pm Central - 26°C Rain

Economy showing strong signs of recovery – Prof. Prasad

Economy showing strong signs of recovery – Prof. Prasad

By Alipate Narawa
18/05/2023

The economy is showing very strong signs of recovery, in fact we now think that we will have better growth for this year than what was originally anticipated.

Deputy Prime Minister and Minister for Finance, Professor Biman Prasad highlighted this at the launch of the newly upgraded Primary Manufacturing Department at British American Tobacco Fiji.

Professor Prasad says the revenue is holding very well and the tourism numbers are doing very well and are going to reach pre-pandemic levels by the end of this year.

He also says remittances continue to be buoyant with more than $1 billion last year.

Professor Prasad adds that they are currently working on the budget.

Professor Prasad further says that BAT Fiji has a rich history of 68 years operation in this country, supporting the economy and in particular the agriculture sector.

He adds Fiji is one of the few countries in which BAT undertakes Tobacco farming and 100% of the Tobacco leaf sold in the domestic markets is grown locally.

FEATURE NEWS
Former President Ratu Epeli Nailatikau passes away
It is with deep respect and sorrow that we announce the passing of former President, Ratu Epeli Nailatikau.While making the announcement, Roko Tui Bau...
1 hour ago
LATEST NEWS
FDB partners with FMF to make electric vehicles more accessible for Fijians
Fijians can now access affordable and environmentally friendly transport following the signing of Memorandum of Understading between Fiji Development ...
29 minutes ago

40 Seaqaqa and Labasa cane farmers fear for livelihoods due non-renewal of leases
Natuvu, Seaqaqa cane farmer Girja Nand says he does not know how he will care for his son after losing the farm he has depended on all his life, ...
40 minutes ago

Court dismisses strike out application by Sam Amine and others on $8.8M properties restrained due to link to drugs
The Lautoka High Court has today dismissed a strike-out application filed by the respondents in the matter of Denerau Fitness PTE LTD, Sam Amine, ...
1 hour ago

Many step forward to support CFL Foundation Charity Walk tomorrow
An appeal is being made for people to support the CFL Foundation Charity Walk tomorrow and help raise money for children living with cancer and ...
2 hours ago

Veteran artist Sailasa Tora calls for women to lead as album drops today
A song that boldly calls for a shift in leadership and perspective is set to make waves in Fiji’s music scene, as veteran artist and The University ...
2 hours ago



Stay tuned for the latest news on our radio stations

CFL radio frequencies
IN DEPTH
Fiji Sports Council Saga: Minister ready to repay business class air fare for wife as concerns grow about Sports Council deals
I was invited to travel to New Zealand by the Fiji Sports Council for a grassroots 7s tournament in 2024, I travelled business class but it was ...
21 days ago

National Talanoa Session on Illicit Drugs in Fiji: 2,400 drug-related cases recorded in 2025
The illicit drug situation in Fiji has been described as a national emergency, with 2,400 drug-related cases recorded in 2025. Minister for Policing ...
28 days ago

Charlie Charters held at Nadi Airport because of a FICAC flag on his file
Fijian national, Charlie Charters is being held at immigration at Nadi International Airport because of a FICAC flag on his file.fijivillage News has ...
28 days ago

TOP