Fiji: 2025 Article IV Consultation-Press Release; and Staff Report

Fiji: 2025 Article IV Consultation-Press Release; and Staff Report
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Volume/Issue: Volume 2025 Issue 138
Publication date: June 2025
ISBN: 9798229013796
$20.00
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Topics covered in this book

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Banks and Banking , Exports and Imports , Public Finance , Natural Disasters , International reserves , Natural disasters

Summary

Economic recovery has continued, driven mainly by tourism. Inflation decelerated sharply in 2024 as the impact of the 2023 VAT hike faded. The fiscal stance was tightened, but monetary and financial conditions remain highly accommodative. Progress has been made in enhancing the business environment and addressing near-term constraints to growth, but significant structural challenges remain.