Republic of Fiji: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Fiji
IMF Staff Country Reports, February 8, 2018
Source details
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- Republic of Fiji: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Fiji
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Bibliographic details
- Published: February 8, 2018
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484340790.002
Economic recovery and growth
- Fiji’s economy is recovering well after Tropical Cyclone Winston.
- Expected to record its eighth consecutive year of expansion in 2017.
- Growth is expected to pick up to about 4 percent in 2017.
- Growth drivers cited:
- Reconstruction activities.
- A vibrant tourism sector.
- Recovery of agriculture production.
- The growth momentum is projected to continue in the coming years.
Inflation and prices
- Inflation declined sharply in recent months as the supply of food items started to normalize.
- Inflation is projected to remain about 3 percent.
Risks to the outlook
- Risks to the economic outlook are largely related to external developments.
Policy topics and subjects covered
- Credit
- Fiscal policy
- Fiscal stance
- Government debt management
- Money
- Public debt
- Public financial management (PFM)
Keywords and regional focus
- Australia and New Zealand
- CR
- Credit
- Exchange rate
- Fiji
- Fiscal policy buffer
- Global
- Government
- Government debt management
- Government operation
- Government's intention
- Growth momentum
- Growth potential
- ISCR
- Pacific Islands
- Private sector development
Content in this bundle
- Country Report