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GDP has increased to a record level $11B and unemployment rate at a 20 year low of 4.5% - AG

GDP has increased to a record level $11B and unemployment rate at a 20 year low of 4.5% - AG

By Vijay Narayan
11/07/2018
Attorney General Aiyaz Sayed-Khaiyum

Attorney General Aiyaz Sayed-Khaiyum says the Gross Domestic Product which is the total value of goods and services produced in Fiji, has increased to $11 billion compared to $0.2 billion in 1970.

While rejecting the continuous suggestions by the opposition parties and parliamentarians on the economy not doing well, Sayed-Khaiyum says the reality is that the Gross Domestic Product stands at a record level, more jobs have been created, and the unemployment rate is at a 20 year low at 4.5%.

Sayed-Khaiyum also says that SODELPA Leader Sitiveni Rabuka is misleading people with economic growth figures as the biggest contraction of the economy took place after the 1987 coups.

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