News
Fiji’s overseas debt burden grows
53+ min ago (239+ words) Foreign investors now hold a larger financial position in Fiji than Fiji holds overseas. The Fiji Bureau of Statistics stated that Fiji recorded a net international investment position of negative $16.3 billion as at March 31 this year. The figure increased by…...
Debt warning over failed projects
2+ day, 22+ hour ago (182+ words) Fiji has previously spent millions on poorly maintained, incomplete and underused capital projects and with the current debt situation, it cannot afford poorly planned investments anymore. This was the message from Nadi Chamber of Commerce and Industry board member Dr…...
Private sector must drive growth
1+ week, 5+ day ago (231+ words) Omcore Technologies founder and CEO Arvind Maharaj has urged a shift in the country’s economic thinking, saying Fiji cannot rely on higher taxes or increased borrowing to achieve sustainable growth. Speaking at the Dialogue Fiji Budget Forum as the public…...
Economist calls for fiscal balance
1+ week, 5+ day ago (353+ words) The 2026–2027 National Budget must strike a careful balance between growing the economy and protecting struggling households, according to Senior Lecturer in Economics at the University of the South Pacific, Dr. Janesh Sami. Speaking at the post-Budget Forum, Dr. Sami says…...
FHTA warns of fiscal imbalance risks
1+ week, 5+ day ago (222+ words) The Fiji Hotel and Tourism Association says Fiji’s economy cannot continue relying heavily on a single sector to carry the country’s fiscal burden, warning that key structural reforms remain outstanding. Speaking at the National Budget Forum, FHTA Chief Executive Officer…...
ANZ Economist forecasts stronger Fiji growth
1+ week, 5+ day ago (433+ words) ANZ Senior Pacific Economist, Dr Kishti Sen, says the 2026-27 National Budget assumed a worst-case set of economic assumptions to project revenue. Dr Sen says the forecasts assume real GDP growth of 1.5% in 2026 with nominal GDP rising of four percent versus…...
Finance minister defends deficit level
1+ week, 5+ day ago (387+ words) Finance Minister Esrom Immanuel has defended Fiji’s projected fiscal deficit of around 7 per cent of GDP, insisting the level of borrowing is responsible given extraordinary global and domestic economic pressures. He adds that the National Budget has laid bare the…...
Experts warn of slower economic growth ahead
1+ week, 6+ day ago (307+ words) Fiji’s economic growth outlook for this year has been downgraded. Rising fuel costs, inflation, and global geopolitical tensions are weighing on the economy in the first half of the year. Head of Department at the College of Business, Hospitality and…...
Calls made for an independent energy task force
2+ week, 13+ hour ago (231+ words) There is a growing call to establish an independent energy task force amid concerns over delays in renewable energy projects and the country’s reliance on fossil fuels. The Fiji Council of Social Services, which made the recommendation, stresses that multiple…...
Fiscal pressures force tough choices on Pacific governments
2+ week, 1+ day ago (163+ words) World Bank Senior Economist Ekaterine Vashkmadze has warned that tightening fiscal spaces across the region may force governments to make difficult spending cuts to infrastructure and essential services. Governments across the Pacific including Fiji are facing difficult choices as limited…...