Republic of Fiji: 2011 Article IV Consultation

February 21, 2012

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Republic of Fiji: 2011 Article IV Consultation, (USA: International Monetary Fund, 2012) accessed November 23, 2024

Summary

This 2011 Article IV Consultation reports that Fiji’s economic outlook appears stable, but there are downside risks related to the political situation, structural weaknesses, and the global environment. The 2012 budget has proposed much-needed fiscal consolidation, though marginal income tax rate reductions will make it difficult to achieve deficit targets. Monetary policy is accommodative, given the currently benign inflation outlook, but continued vigilance against future inflationary pressure is critical, and credit growth targets should be avoided.

Subject: Balance of payments statistics, Banking, Budget planning and preparation, Credit, Economic and financial statistics, Expenditure, Inflation, Prices, Public debt, Public financial management (PFM)

Keywords: Balance of payments statistics, Budget planning and preparation, Core inflation, CR, Debt ratio, Fiji, Fijian authorities, Global, Government, Headline inflation, Inflation, ISCR, Lending, Pacific Islands, Rate, Reform effort, SME lending guarantee scheme

Publication Details

Pages:

59
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/044
Stock No:

1FJIEA2012001
ISBN:

9781463940393
ISSN:

1934-7685

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