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.

0% buffered00:00Current time00:00

FEATURE NEWS
Mt Kasi is still an exploration project – Vosarogo
Minister for Lands Filimoni Vosarogo confirms that there is no mining activity happening at Mount Kasi, and currently, it is an exploration project. ...
2 hours ago
LATEST NEWS
Economic cost of violence against women and girls in Fiji is estimated at over $300m
The economic cost of violence against women and girls in Fiji is estimated at over $300 million per year, roughly 7% of our annual GDP. The Fiji ...
14 minutes ago

Investment Fiji wins international recognition at AIM Congress
Investment Fiji has been awarded the Foreign Direct Investment Award for the South, East Asia and Oceania region at the AIM Investment Awards 2025, ...
1 hour ago

Principals unite for 2025 Fiji Principals Conference on shaping the future of education
Principals from various schools around the country are currently taking part in the 2025 Fiji Principals Conference at the Grand Pacific Hotel in ...
1 hour ago

Street dwellers find employment after Easter on the Park Program
Over 50 street youths were registered during the Easter on the Park Program, with two youths gaining casual employment post-event, seven youths under ...
2 hours ago

Lautoka City Council owed $10m in rates and rent arrears
The Lautoka City Council is currently owed $10 million in rates and rental arrears according to figures presented in Parliament during the debate on ...
2 hours ago



fijivillage Straight Talk with Vijay Narayan
Latest Videos

Stay tuned for the latest news on our radio stations

CFL radio frequencies
IN DEPTH
Tevita Ikanivere on fijivillage Straight Talk With Vijay Narayan
The show focuses on Ikanivere’s journey, his family, career and how far the Drua has ...
8 days ago

Daniel Fatiaki and Professor Narsey on fijivillage Straight Talk With Vijay Narayan
Chair of the Electoral Reform Commission and former Chief Justice, Daniel Fatiaki and Electoral Reform Commissioner and economist, Professor Wadan ...
8 days ago

Top Interventional Cardiologist Dr Kapadia on fijivillage Straight Talk With Vijay Narayan
The show will focus on health services in the country. The former Marist Brothers Primary and High School student who has been practising medicine ...
23 days ago

TOP