The Fijian government maintains that the country’s economy is robust and well-positioned for future growth. Government MP and National Federation Party Leader Professor Biman Prasad highlighted that targeted actions taken since the current administration assumed office have significantly bolstered economic expansion.
Prasad emphasized that the introduction of increased social welfare allowances and various support schemes has been effective in alleviating cost-of-living challenges faced by average Fijians. He stated, “The fundamentals in the economy are very strong, and it has not just become strong by itself. We took deliberate government policy actions,” underscoring the proactive measures undertaken.
Key factors contributing to this economic resilience, according to Prasad, include tax reforms, enhanced compliance measures, and stricter spending controls. These strategies have not only supported the economy but have also fostered higher consumer and investor confidence. Additionally, recent efforts toward fiscal consolidation have played a crucial role in stabilizing the economy.
Investment Fiji’s Chief Executive Kamal Chetty expressed optimism for the future, indicating that renewed investments are anticipated this year. He remarked, “We’re looking forward to 2026 in terms of investment in trade. There are some exciting events coming up for domestic investors to enter new markets in the region and abroad.”
The government also reiterated that ongoing public sector projects are reinforcing its positive outlook on the economy, suggesting a hopeful trajectory for sustainable growth in the coming years. With these measures and investments, Fiji aims to create an environment where both local and foreign investors can thrive, ultimately benefiting the broader population.
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