Govt should not be running the economy like a Department of Finance – Dr Sen
ANZ Pacific Economist Dr Kishti Sen says the Government should not be running the economy like a Department of Finance with a single-minded focus on small deficits or eve
Tag: Economy
We have followed the particular tender process with ADB and no longer want to follow it - AG
We have followed the particular tender process with ADB and no longer want to follow it as they need to look at quality and not the cheapest tender for roads. This was
Govt pays around $38 million to over 210,000 Fijians under the Inflation Mitigation Assistance package
The Ministry of Economy has today paid the $180 Inflation Mitigation Assistance to over 91,000 social welfare recipients and around 13,000 tertiary students. Permanent
Challenges faced by the construction industry to be discussed in CIC Conference
Significant delays in international deliveries of key construction material, climbing costs, lack of a skilled labour force, and climate change, are some of the challenge
Fiji’s economy projected to increase by 23.2% - Dr Krishti Sen
ANZ Pacific Economist Dr Kishti Sen says Fiji's economy is tracking well as they expected, and they are forecasting that the GDP level will be the same as 2019 by the end
Inflation Mitigation Payment of $180 starts today
The first batch of payments for the $180 Inflation Mitigation Assistance will start today with approximately 210,000 people paid by the 5th of September. Permanent Sec
Parents will be given priority in the Inflation Mitigation Package - Sayed-Khaiyum
Minister for Economy Aiyaz Sayed-Khaiyum says guardians who wish to apply for the $180 Inflation Mitigation Package for students will be declined at this point in time, b
Construction-led investment spending is recuperating but remains subdued relative to 2019 levels - RBF
The March quarter construction activity indicators for Fiji point towards a rebound in activity as the number of building permits, completion certificates issued and valu
The rebound in tourism is supporting the current domestic economic recovery – RBF
The Reserve Bank of Fiji says in contrast to the global economy, the rebound in tourism is supporting the current domestic economic recovery. It says cumulative to Jun
Fiji’s buoyant economy supports smaller budget deficits – ANZ Pacific Insight
Looming elections usually see incumbent governments loosen constraints in an attempt to accelerate spending on previous and new promises however Fiji’s 2022-2023 N
Maintaining tight control on the industrial hemp industry is important – ANZ CEO
Maintaining tight controls on exactly what is being produced in the industrial hemp industry is important to ensure Fiji maintains its reputation as a premium holiday des
Government will amend the Illicit Drugs Control Act to start industrial hemp industry in the country
The government will also amend the Illicit Drugs Control Act to start the industrial hemp industry in the country. The Minister for Economy stresses that industrial he
AG says the boom is back and it is a Bula Boom
Government revenue is forecast at $2.9 billion while expenditure stands at $3.8 billion for the 2022/2023 National Budget. Minister for Economy, Aiyaz Sayed-Khaiyum sa
Around 4,000 to benefit from stable water supply following the transfer of Momi Water Infrastructure
Around 4,000 people living in Momi, Nawai, Korokula, Uciwai and other nearby areas can expect access to stable water supply following the transfer of the Momi Water Infra
Budget 2022 - 2023
The 2022/2023 National Budget was delivered on the 15th of July this year.
Man asks for assistance regarding repossessed vehicles
A man who had a vehicle in Kadavu transporting goods to the wharf and another one that was usually hired out in Suva is asking for assistance from the government after bo
Minimum wage increases again today
The implementation of the second tranche of the National Minimum Wage and the Wages Regulations commences from today. The new rate for the national minimum wage will b
War on Ukraine and supply chain issue cause imported inflation to surge to 10% while domestic inflation stood at 3.4% - RBF
The war in Ukraine continues to subvert major commodity markets, supply chains and trading partner economies, causing imported inflation to surge to 10 percent while dome
Fiji's economy on a better footing than Sri Lanka – Sri Lankan economist
Fiji is on a much better footing than Sri Lanka when comparing the two economies. These were the sentiments shared by Sri Lankan economist and Fiji Care Chairman, Dumit
The alternative of not borrowing during the last 2 years would have been catastrophic - AG
Government debt is forecast to reach $9.1 billion, equivalent to 88.4 percent of Gross Domestic Product compared to a total debt of $5.2 billion at the end of July 2018 e
Fiji on it’s path to recovery with many sectors delivering improved results after the pandemic – RBF Governor
The feedback from the tourism industry reveals that hotel occupancy rates and revenue per available room are increasing rapidly, with some hotels performing better than t