Republic of Fiji: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Fiji

February 8, 2018

Preview Citation

Format: Chicago

Republic of Fiji: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Fiji, (USA: International Monetary Fund, 2018) accessed November 22, 2024

Summary

This 2017 Article IV Consultation highlights that Fiji’s economy is recovering well after Tropical Cyclone Winston and is expected to record its eighth consecutive year of expansion in 2017. Growth is expected to pick up to about 4 percent in 2017, underpinned by reconstruction activities, a vibrant tourism sector, and the recovery of agriculture production. The growth momentum is projected to continue in the coming years. Inflation declined sharply in recent months as the supply of food items started to normalize and is projected to remain about 3 percent. Risks to the economic outlook are largely related to external developments.

Subject: Credit, Fiscal policy, Fiscal stance, Government debt management, Money, Public debt, Public financial management (PFM)

Keywords: Australia and New Zealand, CR, Credit, Exchange rate, Fiji, Fiscal policy buffer, Global, Government, Government debt management, Government operation, Government's intention, Growth momentum, Growth potential, ISCR, Pacific Islands, Private sector development

Publication Details

Pages:

61
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2018/034
Stock No:

1FJIEA2018001
ISBN:

9781484340790
ISSN:

1934-7685

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