Fijian economy on track to grow by up to 3% this year-PM

Fijian economy on track to grow by up to 3% this year-PM

By Naveel Krishant
Tuesday 18/10/2016
Prime Minister Voreqe Bainimarama.

Prime Minister Voreqe Bainimarama says that economic prospects in Fiji have had unprecedented buoyancy, and even with the impact of Tropical Cyclone Winston back in February, the Fijian economy is still on track to grow by up to three per cent this year.

While speaking at the Fiji-Australia Business Council meeting in Sydney, Bainimarama says some of the reasons for this is the sound management of the economy and the implementation of effective and forward looking policies which have been recognised by global financial institutions such as the World Bank, the IMF and the Asian Development Bank.

Bainimarama says coupled with the political and social stability that the government has forged in Fiji over the past decade and that has been sorely lacking in previous eras in Fiji.

He says there are a unique set of circumstances about Fiji that make us such an attractive investment option for Australian companies and those of other nations.

He says these include Fiji’s position at the hub of the Pacific, with easy access to other regional markets, Fiji’s educated, English-speaking workforce, investment in new infrastructure such as new roads and airports and dramatically more efficient ports.

Video Source: Fiji Government

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