FIJI has had a strong sustained economic performance over the years. This is evident from the fact that the economy grew for seven consecutive years at an average rate of 4 per cent. Fiji’s economy is poised to grow further in 2017.
Although the Fijian economy’s growth in 2016 was downgraded to 2 per cent because of widespread devastation caused by Severe Tropical Cyclone Winston in February, TC Zena in April and a tropical depression in December, the Reserve Bank of Fiji’s forecast shows the economy is set to recover to 3.6 per cent in 2017.
