Fiji’s economic growth is expected to rebound by 11.3% in 2022, following a re-estimated 15.2% contraction in 2020 and a 4.1% decline in 2021. The Reserve Bank
The Ministry of Economy is yet to appoint peer review consultants for the yet-to-be completed Lautoka Swimming Pool Project for which the cost has escalated from the budg
Minister for Economy Aiyaz Sayed-Khaiyum says they will be spacing out the distribution for the second round of the $360 unemployment benefit to avoid massive crowding in
The Reserve Bank of Fiji forecasts inflation to reach 2 percent by the end of 2021 from -2.6 percent at the end of 2020 after accounting for elevated external price press
The Reserve Bank of Fiji Governor and Chairman of the Board, Ariff Ali says in the months ahead, economic prospects are relatively favourable as the appetite to travel to
National Federation Party Leader Professor Biman Prasad says the underspending by government simply shows their years of wastage and the mismanagement of taxpayers funds
Over 300,000 applications have been received for the second round of the government’s $360 unemployment assistance for the formal and informal sector. Acting Pe
Minister for Economy Aiyaz Sayed-Khaiyum says they expect government revenue to increase when our international borders open up again which means that the government will
Reserve Bank of Fiji Governor, Ariff Ali has acknowledged that the COVID-19 pandemic which is a one in a 100 year event, has resulted in the sharpest economic contraction
The government has paid out $343.1 million in direct cash assistance to affected Fijians so far. This also includes the government top-up through the Fiji National Pro
Minister for Economy, Aiyaz Sayed-Khaiyum has today questioned what is wrong if a person who has received the $360 government assistance utilises the money to buy groceri
The Reserve Bank of Fiji says despite the domestic economy opening up under strict COVID-19 protocols, aggregate demand remains suppressed as more people have become unem
Professor Satish Chand from the University of New South Wales says the immediate priority in Fiji and the region should be vaccination which will be critical for any econ
The Reserve Bank of Fiji Governor and Head of the Macroeconomic Committee, Ariff Ali says Fiji’s economic recovery is dependent on the successful containment of th
The Reserve Bank of Fiji Governor and Head of the Macroeconomic Committee, Ariff Ali says the second wave of the coronavirus outbreak of the highly contagious Delta varia
Minister for Economy Aiyaz Sayed-Khaiyum has revealed that the Government will be disbursing another round of the $50 cash assistance for people in the informal sector.
Australia continues to assist Fiji as it has provided a further 26 million Australian dollars for general budget support. Australia has so far provided more than Fijia
More than 220,000 Fijians in Viti Levu will receive their $50 government assistance by this afternoon with a total payout of $11 million. This has been confirmed by th
Minister for Economy, Aiyaz Sayed-Khaiyum says they have not debunked every single report of the Office of the Auditor-General as there are some that are good but there a
The Reserve Bank of Fiji Board has reduced the interest rate from 1% to 0.25% for loans taken by financial institutions under its Import Substitution and Export Finance F
The Governor and Chairman of the Reserve Bank of Fiji Board, Ariff Ali reiterates that our economic recovery hinges on how soon the second wave of infections is contained