Fiji : Recent Economic Developments

Author/Editor:

International Monetary Fund

Publication Date:

February 7, 1995

Summary:

This paper reviews economic developments in Fiji during 1990–95. The reorientation of policies, although incomplete, led to stronger growth of nontraditional exports and non-sugar manufacturing, and to a pickup in GDP growth to an average of 4.1 percent between 1988 and 1993. Fiscal deficits declined in the early 1990s, although often larger than budgeted, and the external current account progressively turned into a surplus position. Despite the actions undertaken, however, private investment did not recover from its slump in the late 1980s impeding the economy from fully exploiting its growth potential.

Series:

Country Report No. 95/10

Subject:

Notes:

This report on recent economic developments in Fiji was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.

English

Publication Date:

February 7, 1995

ISBN/ISSN:

9781451813319/1934-7685

Stock No:

1FJIEA0011995

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

84

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