64863
Fiji to Grow by 3.8%
Fiji to Grow by 3.8%

Fiji to Grow by 3.8%

Fiji to Grow by 3.8%

The Fijian economy is expected to grow by 3.8% this year, an upward revision from the October 2016 forecast of 3.6%, FBC reported. Reserve Bank of Fiji governor, Barry Whiteside, says with the exception of fishing, forestry and mining–most sectors are expected to improve this year, with the services sector envisaged to drive economic activity. The growth forecast for next year remains unchanged at 3% while in 2019 the economy is envisaged to grow by 2.9%. Whiteside says Fiji’s trade deficit is expected to widen to 22.2% this year, and this will be largely offset by higher receipts from services and remittances.

 

Short URL : https://goo.gl/Vgtl1i
  1. https://goo.gl/YTGUvW
  • https://goo.gl/LQmG3D
  • https://goo.gl/wdsFVL
  • https://goo.gl/yKXXum
  • https://goo.gl/o2jrad

You can also read ...

Philippines May Suspend Excise Taxes on Petroleum Products
The Philippine government will suspend the collection of...
Jordan Approves New IMF-Guided Tax Law
Jordan’s cabinet on Monday approved major IMF-guided proposals...
US, China are nearing a deal to remove American sales ban against ZTE.
US President Donald Trump retreated from imposing tariffs on...
At present, the majority of investments are still being done in oil-gas and traditional industries while there is still almost no SME sector in the country.
While Saudi Arabia’s latest budget figures show progress in...
Dubai Bank to Buy Turkey’s Denizbank for $3.2 Billion
Dubai’s biggest lender the National Bank of Dubai has agreed...
SBI Reports Record $1.1b Loss
State Bank of India reported a loss of Rs. 7,718 crore ($1.1...
IHS Markit to  Buy Rival Ipreo  for $1.8 Billion
Data firm IHS Markit Ltd. said it will buy smaller rival Ipreo...
Catalonia Main Risk to Spain Growth
The political situation in Catalonia is one of the main...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus