The Reserve Bank of Fiji has reported that the government’s debt reached $10.1 billion by June 2024, which is 73.3 percent of the country’s Gross Domestic Product (GDP). According to the central bank, domestically issued debt accounted for $6.6 billion, representing 48.3 percent of GDP, while external debt was at $3.4 billion, making up 25.3 percent of GDP. Additionally, the bank disclosed that foreign reserves remained steady at $3.3 billion at the end of June. This marks an increase from $1.6 billion in the first quarter, attributed to inflows being greater than outflows during this timeframe. The rise in total inflows during the June quarter was driven by government grants and robust tourism earnings, which effectively outweighed the total outflow. The Reserve Bank of Fiji has indicated that foreign reserves are expected to stay at healthy levels in the medium term.