Influx of visitors up to November totalled 560,732 – RBF

The influx of visitors up to November totalled 560,732, reaching 68.3 percent of the comparable 2019 period.

This has been stated by the Reserve Bank of Fiji in their Economic Review for December.

RBF says at this rate, year-end visitor arrivals are expected to surpass the Macroeconomic Committee’s earlier prognosis of 581,000 visitors.

It further says the higher turnout in visitors together with increased spending has also boosted tourism receipts to $1.320 billion, around 98 percent of the same period in 2019.

They add the level of foreign reserves were comfortable at $3.426 billion as at 30th December, sufficient to cover 6.9 months of retained import cover, underpinned by higher tourism receipts, inward remittances and Government loan drawdown.