Tag: economic growth
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Fiji Expands $8.8B Investment Pipeline to 254 Projects as Digital Reforms Roll Out with BusinessReady
Immanuel told reporters the increase reflects growing faith in Fiji’s economic direction and reforms being advanced with assistance from the World Bank and the International Finance… Read more
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NFP Leader Prasad Defends Welfare Gains, Urges Policy Focus at Rewa Branch Meeting
At a packed Rewa meeting, NFP leader Biman Prasad pushes back against online misinformation and outlines a path focused on social protection, education access and transparent… Read more
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World Bank urges Pacific to turn returning workers into drivers of MSME growth through reintegration and digitalisation
Returning workers could spark a home-grown growth surge in the Pacific—bringing new tech, networks and business know-how back home. But turning temporary mobility into lasting impact… Read more
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Fiji Budget Push: FCEF Urges Protecting Local Industries, Jobs and Productivity
Fiji’s main employers body is urging the next budget to put local industries, jobs and productivity front and center. The push stresses targeted support and stronger… Read more
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Pacific budgets tighten as maintenance cuts threaten roads, utilities and long-term growth, warns World Bank economist
Facing shrinking fiscal space, Pacific governments are forced to make hard budget trade-offs that could dent long-term growth. Investment and routine maintenance are often the first… Read more
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FDB acquires Tanoa Apartments to diversify income for Fiji’s development goals
Fiji’s development bank widens its footprint with a landmark property purchase, signaling a shift toward sustainable, income-generating assets. The move is designed to strengthen support for… Read more
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Pacific Economies Grapple With Higher Costs as Energy Shocks and Climate Risk Tighten Budgets, Fiji Minister Warns
Pacific households are under pressure as energy shocks, inflation and climate risks squeeze budgets and tighten fiscal space. Fiji’s finance minister warns of slower growth and… Read more
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IMF upgrades Kiribati growth outlook to 4.3% in 2025, but warns climate shocks and debt risks could threaten gains
Kiribati’s near-term growth looks solid, but the gains could be fragile amid rising energy and fuel costs and climate-related risks that could erase them quickly. With… Read more
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World Bank warns Pacific growth to dip below 3% in 2026 as Fiji slows to 2.7% on higher fuel costs and softer tourism
Pacific economies face a tougher path ahead as fuel costs rise, tourism softens, and debt remains high. Fiji is highlighted for a sharper slowdown in 2026,… Read more
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Pacific growth hinges on capacity and quality, not sheer job numbers, says World Bank
An influential economist warns that Pacific Island growth should prioritise capacity and quality over sheer volume. A three‑pillar plan—reliable infrastructure, stronger private lending, and smarter use… Read more