Republic of Fiji: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Fiji

International Monetary Fund

No 2016/054, IMF Staff Country Reports from International Monetary Fund

Abstract: Fiji is enjoying a strong growth momentum due to accommodative policies, robust tourism and strong remittances, and an improvement in the terms of trade. The smooth and peaceful elections in September 2014 marked the return to democracy—leading to a normalization in relations with development partners, further boosting investor and consumer confidence. While addressing infrastructure gaps and further improving the business climate will be critical to ensure strong, sustainable and more inclusive growth, this must be balanced against the need to consolidate fiscal policy. Risks are tilted to the downside, related to external developments and prolonged accommodative policy settings.

Keywords: ISCR; CR; government; headline inflation; Fiji; Fijian authorities; government finances; credit growth; growth prospect; development partner; Credit; Global; Pacific Islands; Australia and New Zealand (search for similar items in EconPapers)
Pages: 65
Date: 2016-02-22
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