Fiji’s economic landscape is exhibiting resilience, characterized by promising growth according to Barry Whiteside, the former Governor of the Reserve Bank of Fiji. In his recent comments to Fiji One News, Whiteside, who is also stepping down as Chairperson of Kontiki Finance, pointed to a projected 3 percent growth for the economy, largely fueled by robust contributions from the tourism sector and ongoing investments.
Whiteside expressed optimism about the economic outlook, indicating that the growth momentum could potentially increase to around 4 percent in the coming years. He highlighted that Fiji’s economic resilience is being bolstered by both local and international investments, which are essential for laying a solid foundation for critical infrastructure and advancements in key areas of development.
Under Whiteside’s leadership, Kontiki Finance has actively contributed to this economic growth by providing consumer loans and facilitating support for various business initiatives. He noted, “Overall, we’re looking forward to another strong year in 2025. Our initial financial outcomes for the first quarter of the 2025 financial year are encouraging, and we are witnessing progress.”
This optimistic perspective on Fiji’s economic performance underscores the positive footing the nation is on. As investment continues to flow and tourism thrives, there is a strong possibility for sustained growth, hinting at a bright future for the island nation’s economy.
As Fiji embraces these positive developments, it encourages a collaborative effort among various sectors to maintain this upward trajectory, fostering a strengthened economy for all.
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