Fiji: Recent Economic Developments
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. 1995/010
Subject:
Agricultural commodities Budget planning and preparation Commodities Exports Imports International trade Public financial management (PFM) Tariffs Taxes
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
Pages:
84
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