The Ministry of Trade, Co-operatives, Micro, Small and Medium Enterprises and Communications in Fiji is actively working on a strategic plan that aims to direct the nation’s economic growth over the next three decades. Permanent Secretary Shaheen Ali has emphasized the importance of this initiative, which seeks to align with the overarching Vision 2050 and the 2025–2029 National Development Plan.
Ali stated that the Ministry is targeting a sustainable growth rate of five percent, which requires a shift toward economic diversification and substantial investments in high-value, technology-driven industries. This approach aims to reduce reliance on traditional sectors, create well-paying jobs, and address significant challenges like brain drain. By fostering a diverse economic landscape, the Ministry hopes to secure long-term prosperity for Fiji.
These goals align closely with the insights shared by various officials in similar articles, particularly Lands Minister Filimoni Vosarogo, who has spoken about the necessity of collaboration among the government, private sector, and civil society to achieve sustainable economic growth. He highlighted the importance of leveraging Fiji’s rich natural resources through sustainable practices and attracting investments, particularly in infrastructure, technology, and skills development.
The focus on collaboration and investment presents a hopeful outlook for Fiji’s economic future. With dedicated efforts towards implementing these strategic initiatives, the nation can position itself for a robust and diversified economy that benefits all citizens. The government’s commitment to promoting innovation and improving access for Micro, Small, and Medium Enterprises (MSMEs) further reinforces this vision, setting the stage for a resilient and adaptable economic structure excitedly anticipated by the Fijian people.
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