Deputy Prime Minister and Minister of Finance, Professor Biman Prasad, engaged in a significant dialogue with Caribbean economist Marla Dukharan to explore vital topics concerning economic resilience and sustainable development for small island nations. The meeting underscores the importance of collaborative discussions on shared challenges faced by nations like Fiji and those in the Caribbean.
Professor Prasad highlighted the common obstacles encountered by small island developing states, emphasizing the value of learning from Dukharan’s expertise in economic analysis and policy development. He stated, “We face similar challenges as the Caribbean nations, and it’s invaluable to exchange ideas with experts like Marla. Her contributions to economic policy are truly inspiring.”
This meeting reflects Fiji’s ongoing commitment to seek insights from global thought leaders and enhance its strategies for economic resilience and sustainable long-term growth. Engaging with experts such as Dukharan not only enriches the policy-making discourse but also fosters a sense of community among nations grappling with similar hurdles.
Previously, during the 3rd Reserve Bank of Fiji – Asian Development Bank Institute (ADBI) and Asia Pacific Applied Economics Association (APAEA) Conference, Professor Prasad emphasized the need for symbiotic relationships between academic research and policy-making as a catalyst for economic advancement in Fiji. He underscored that translating research into actionable policies is crucial for achieving the nation’s aspirations of becoming a high-income country by 2050.
The ongoing conversation with Dukharan marks an important step in harnessing international expertise to bolster Fiji’s economic strategy. By continuing to engage with experienced economists and researchers, there is hope for innovative solutions that could not only navigate economic challenges but also lead to a more sustainable and prosperous future for Fiji and its neighbors.
Leave a comment