The Reserve Bank of Fiji has reported that the government debt reached $10.1 billion as of June 2024, which represents 73.3 percent of Fiji’s Gross Domestic Product (GDP). The central bank noted that domestic debt accounted for $6.6 billion, or 48.3 percent of GDP, while external debt amounted to $3.4 billion, making up 25.3 percent of GDP. Additionally, the central bank indicated that foreign reserves stood at $3.3 billion at the end of June, reflecting a significant increase from $1.6 billion in the first quarter. This rise in reserves was attributed to inflows surpassing outflows during the quarter, bolstered by government grants and robust tourism revenues. The Reserve Bank of Fiji forecasted that foreign reserves would remain sufficient in the medium term.