Republic of Fiji: 2011 Article IV Consultation

Publication Date:

February 21, 2012

Electronic Access:

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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.

Series:

Country Report No. 2012/044

Subject:

English

Publication Date:

February 21, 2012

ISBN/ISSN:

9781463940393/1934-7685

Stock No:

1FJIEA2012001

Pages:

59

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