{
  "title": "Republic of Fiji: 2018 Article IV Consultation-Press Release and Staff Report",
  "publication": "IMF Staff Country Reports, February 15, 2019",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2019/02/15/fiji-2018-article-iv-consultation-press-release-and-staff-report-46614",
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  "summary": "This Article IV Consultation highlights that the economy is recovering well from several natural disasters, supported by accommodative fiscal and monetary policies.",
  "sections": [
    {
      "heading": "Overview and macroeconomic context",
      "content": "- Publication date: February 15, 2019\n- Pages: 59\n- Volume: 2019\n- Issue: 057\n- Series: Country Report No. 2019/057\n- DOI: https://doi.org/10.5089/9781484399484.002\n- Stock No: 1FJIEA2019001\n- ISBN: 9781484399484\n- ISSN: 1934-7685"
    },
    {
      "heading": "Key findings",
      "content": "- The economy is recovering well from several natural disasters, supported by accommodative fiscal and monetary policies.\n- Growth performance picked up in recent years with improved political stability, though average growth rates were still lower than in other emerging and developing countries.\n- Fiscal buffers have been used.\n- External conditions are becoming less favorable, including oil prices and growth prospects of main trading partners.\n- Improving the overall business environment and governance is expected to raise potential growth by:\n  - mobilizing private investment,\n  - enhancing productivity,\n  - diversifying the economy.\n- An improvement in the overall business environment is essential to achieve the ambitious growth targets laid out in the National Development Plan."
    },
    {
      "heading": "Policy recommendations",
      "content": "- Streamline procedures to do business.\n- Accelerate the activation of the credit reporting agency.\n- Reduce tax compliance costs."
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subject: Commercial banks, Credit bureaus, Expenditure, Financial institutions, Financial markets, Fiscal policy, Fiscal stance, Public debt\n- Keywords: appraisal, Commercial banks, CR, Credit bureaus, Fiji, Fiscal stance, government, growth momentum, headline inflation, investment regime, ISCR, Pacific Islands, pension savings withdrawal, staffs appraisal\n\nSource: Republic of Fiji: 2018 Article IV Consultation-Press Release and Staff Report, February 15, 2019.\n\n---\n\n Content in this bundle\n\n- 1fjiea2019001\n  - 1fjiea2019001 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 1fjiea2019001 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: February 15, 2019",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484399484.002",
    "Publication date: February 15, 2019",
    "Pages: 59",
    "Volume: 2019",
    "Issue: 057",
    "Series: Country Report No. 2019/057",
    "DOI: https://doi.org/10.5089/9781484399484.002",
    "Stock No: 1FJIEA2019001",
    "ISBN: 9781484399484",
    "ISSN: 1934-7685",
    "The economy is recovering well from several natural disasters, supported by accommodative fiscal and monetary policies.",
    "Growth performance picked up in recent years with improved political stability, though average growth rates were still lower than in other emerging and developing countries.",
    "Fiscal buffers have been used.",
    "External conditions are becoming less favorable, including oil prices and growth prospects of main trading partners.",
    "Improving the overall business environment and governance is expected to raise potential growth by:",
    "An improvement in the overall business environment is essential to achieve the ambitious growth targets laid out in the National Development Plan.",
    "Streamline procedures to do business.",
    "Accelerate the activation of the credit reporting agency.",
    "Reduce tax compliance costs.",
    "Subject: Commercial banks, Credit bureaus, Expenditure, Financial institutions, Financial markets, Fiscal policy, Fiscal stance, Public debt",
    "Keywords: appraisal, Commercial banks, CR, Credit bureaus, Fiji, Fiscal stance, government, growth momentum, headline inflation, investment regime, ISCR, Pacific Islands, pension savings withdrawal, staffs appraisal",
    "**1fjiea2019001**"
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