Fiji Sun February 25 – Despite the setback from last year’s natural disasters, Reserve Bank of Fiji notes key sectors of tourism, gold, garments and electricity registered positive performances in 2016.
The Governor and chairman of the RBF Board, Barry Whiteside said for this year, latest partial indicators suggest continuing strong domestic demand.
This, he said, is through higher consumption and investment on the back of buoyant consumer spending and ongoing rehabilitation activities.
As such, a better growth outlook of 3.6 per cent is anticipated for this year following a 2.0 per cent estimated growth in 2016, Mr Whitesaid said. Read More…