Total exports, imports to grow this year-RBF

By fijivillage.com

04/06/2012

The Reserve Bank of Fiji said that total exports and imports are projected to grow this year by 12.3 percent and 4.5 percent.

Governor Barry Whiteside said that the growth in exports from 8.9 percent last year to over 12 percent this year is due to positive contributions from all categories of exports.

The import growth is projected to be in response to the pickup in domestic demand and anticipated increases in world market prices for mineral fuel and food.

Foreign reserves remain adequate at around $1.44B equivalent to cover 4.6 months of imports of goods and services.

Story by: Vijay Narayan

FEATURE NEWS

Why Naucukidi was appointed as Acting Corrections Commissioner despite letter highlighting drinking issue to Ropate Green?

Questions are now arising on whether the drinking issue regarding Acting Corrections Commissioner, Sevuloni Naucukidi was taken into account before he...

2 hours ago

Vunisea residents concerned about illegal rubbish dumping by government officials

Residents and landowners of Vunisea in Kadavu are raising concerns about the illegal dumping of rubbish by government officials and lack of proper ...

1 hour ago

Road widening, new bridge and rail part of traffic plans - Ro Filipe

People can expect long-term solutions to address traffic congestion to begin within the next 12 months, as Minister for Transport Ro Filipe Tuisawau ...

2 hours ago

Workers who left for overseas are returning - EFL

Energy Fiji Limited Board Chairman Rokoseru Nabalarua says people taking offers overseas are now finding out that it is not cheap living in that ...

2 hours ago

Stop exploiting farmers’ struggles - Rayalu tells middlemen

We are not saying all middlemen are bad but some are using farmers’ struggles to make big profits and this must stop. This has been highlighted ...

4 hours ago

Nightclub fight video likely from March, maintain decorum - Turaga

Minister for Justice Siromi Turaga says a preliminary investigation indicates the viral nightclub fight video of Acting Corrections Commissioner ...

6 hours ago

More News

fijivillage Straight Talk with Vijay Narayan

Total exports, imports to grow this year-RBF

Total exports, imports to grow this year-RBF

Why Naucukidi was appointed as Acting Corrections Commissioner despite letter highlighting drinking issue to Ropate Green?

Vunisea residents concerned about illegal rubbish dumping by government officials

Road widening, new bridge and rail part of traffic plans - Ro Filipe

Workers who left for overseas are returning - EFL

Stop exploiting farmers’ struggles - Rayalu tells middlemen

Nightclub fight video likely from March, maintain decorum - Turaga

Tragedy at PRB Flats: Couple found dead in suspected murder-suicide in April

Tevita Ikanivere on fijivillage Straight Talk With Vijay Narayan

Daniel Fatiaki and Professor Narsey on fijivillage Straight Talk With Vijay Narayan