Republic of Fiji 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Fiji

This 2017 Article IV Consultation highlights that Fiji’s economy is recovering well after Tropical Cyclone Winston and is expected to record its eighth consecutive year of expansion in 2017. Growth is expected to pick up to about 4 percent in 2017, underpinned by reconstruction activities, a vibrant...

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Bibliographic Details
Corporate Author: International Monetary Fund Asia and Pacific Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2018
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This 2017 Article IV Consultation highlights that Fiji’s economy is recovering well after Tropical Cyclone Winston and is expected to record its eighth consecutive year of expansion in 2017. Growth is expected to pick up to about 4 percent in 2017, underpinned by reconstruction activities, a vibrant tourism sector, and the recovery of agriculture production. The growth momentum is projected to continue in the coming years. Inflation declined sharply in recent months as the supply of food items started to normalize and is projected to remain about 3 percent. Risks to the economic outlook are largely related to external developments
Physical Description:61 pages
ISBN:9781484340790