European Parliament Library

Republic of Fiji :, Staff Report for the 2013 Article IV Consultation

Abstract
This 2013 Article IV Consultation highlights that growth in the Fijian economy increased to 2¼ percent in 2012, supported by income tax cuts, low interest rates, and the one-time payouts under the Fiji National Provident Fund (FNPF) reform, which offset the negative impact of the severe floods and Cyclone Evan on the agriculture and tourist sectors. Inflation declined as imported commodity and food prices moderated. With a lower-than-budgeted deficit of 1 percent of GDP, Fiji’s debt-to-GDP ratio continued to decline in 2012. The latest available indicators suggest accelerating growth momentum in the first half of 2013 boosted by increases in disposable income, bank borrowing, and rising investment
Table Of Contents
Cover; CONTENTS; CONTEXT; RECENT ECONOMIC DEVELOPMENTS AND OUTLOOK; POLICY DISCUSSIONS; A. Monetary and Financial Policies; B. Fiscal policy; C. Exchange Rate Policy and External Balance; D. Structural Reforms; STAFF APPRAISAL; BOXES; 1. Human Development and Poverty (World Bank); 2. Risk Assessment Matrix; 3. Financial Inclusion and Access; 4. Sovereign Bond; 5. Exchange Rate Assessment; 6. Transforming Sugar to Sugarcane Industry; 7. Estimating Potential Growth; FIGURES; 1. Macroeconomic Developments; 2. Exchange Rate and Inflation Developments; 3. Fiscal Indicators; 4. Balance of Payments
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (63 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9780148431935

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