European Parliament Library

Fiji :, 2009 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Fiji

This 2009 Article IV Consultation highlights that Fiji’s growth has been sluggish in recent years because of delays in economic reforms, worsening terms of trade, and political developments that have strained Fiji’s international relations and hurt business confidence. Fiji’s economy is expected to have contracted by 2½ percent in 2009, reflecting the adverse impact of the global crisis on exports and tourism. Recent developments have put considerable pressure on the budget. Executive Directors have supported a tight monetary policy to ensure that inflation returns to low levels and to protect foreign exchange reserves
Table Of Contents
Cover; Contents; Executive Summary; I. Background; A. Macroeconomic Developments; Figures; 1. Macroeconomic Developments; 2. Impact of Global Crisis on Pacific Island Countries; 3. Exchange Rate and Inflation Developments; 4. Balance of Payments; 5. Tourism Developments Affecting Fiji; B. Outlook and Risks; 6. Fiscal Indicators; 7. Monetary Indicators; 8. External Vulnerabilities; II. Policy Discussions; A. Fiscal Policy; B. Monetary Policy; C. Financial Sector Policy; D. External Vulnerabilities and Financing Gap; 9. Financial Soundness Indicators; 10. Public Debt Sustainability: Bound Tests
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (60 p.)
Specific Material Designation
Form Of Item

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