Feature Business Feature

Economy showing strong signs of recovery – Prof. Prasad

Economy showing strong signs of recovery – Prof. Prasad

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.

Stay tuned for the latest news on our radio stations

CFL radio frequencies
Scoreboard
9:50PM
Roosters vs Sharks
6:05PM
Warriors vs Knights
3:00PM
Suva vs Malolo
3:00 pm
Taveuni vs Kadavu
Full Time
Suva 52–24 Lautoka
Full Time
Nadroga 12–55 Namosi
Full Time
Naitasiri 20–36 Nasinu
7:00AM
Brentford vs Chelsea
11:30PM
Spurs vs Aston Villa
2:00AM
Everton vs Ipswich Town
7:05PM
Fiji vs Japan
7:00PM
Canada vs USA