Republic of Fiji: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Fiji

IMF Staff Country Reports, December 3, 2021

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Canonical URL: Republic of Fiji: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Fiji

Fiji has been among the hardest hit by the pandemic—with infection rates at one point among the highest in the world.
The economic contraction was the worst in Fiji’s history.
The crisis has come at a heavy social cost, including large-scale layoffs, surging unemployment, and high non-performing loans.
Multilateral and bilateral support has been critical in helping Fiji weather the worst of the crisis.
Rapid acceleration of the government vaccination program has underpinned Fiji’s reopening to international tourism.

Swift government action to close borders, protect the population, and mitigate the worst economic effects.
Multilateral and bilateral support facilitated a strong government response.
Rapid acceleration of the government vaccination program supported reopening plans.

Republic of Fiji: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Fiji