The 2025 Nadi Business Forum, held at the Tanoa International Hotel, addressed emerging economic issues affecting local businesses in Fiji. Dr. Ram Raju, president of the Nadi Chamber of Commerce and Industry, expressed that the forum successfully provided local investors with insights into Fiji’s economic environment.
Minister of Finance Professor Biman Prasad emphasized the significance of the government’s partnership with the private sector. He remarked, “The Coalition Government remains deeply committed to open dialogue and collaboration with all stakeholders, particularly the private sector, which we regard as a key partner in national development.” He highlighted ongoing consultations that began with the National Economic Summit and further expanded during the development of the National Development Plan (NDP), which aims to place people at the center of development and transform Fiji into a prosperous nation by 2050.
The forum’s theme, “Fiji’s Economic Preview — The Next Fiscal Budget and Beyond,” further underscores the importance of foresight in navigating economic challenges. Discussions reflected a collective acknowledgment that diversifying the economy is essential. This aligns with earlier sentiments raised by Minister Filimoni Vosarogo at similar forums, where he pointed out the untapped potentials in sectors like agriculture and mining and highlighted the need to mitigate vulnerabilities in Fiji’s economy, particularly its heavy reliance on tourism.
Both the discussions at the forum and previous addresses underscore a proactive approach for Fiji, envisioning a sustainable and robust economic future through diversified industrial growth and collaboration between government and the private sector.
The shared commitment to fostering economic resilience presents a positive outlook for Fiji, as stakeholders work together to harness its natural resources and drive sustainable development. By focusing on strategic collaboration and responsible resource management, there is hope for a future where Fiji emerges stronger and more self-sufficient in the global economic landscape.
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