The Fijian government has announced that the nation’s economy continues to show strong resilience and stability. Government MP and National Federation Party (NFP) Leader, Professor Biman Prasad, emphasized that strategic initiatives implemented since the current administration took office have significantly bolstered economic growth.
According to Prasad, the introduction of increased social welfare allowances and new support schemes has effectively alleviated cost-of-living pressures for everyday Fijians. He characterized the underlying economic fundamentals as robust, highlighting that these improvements are the result of deliberate policy actions rather than coincidental developments.
Key factors contributing to this growth include tax reforms, enhanced compliance measures, and prudent management of government spending. Prasad also noted that there has been a notable increase in consumer and investor confidence, further supported by recent fiscal consolidation measures.
Kamal Chetty, the Chief Executive of Investment Fiji, expressed optimism regarding future investments, stating that renewed interest is anticipated this year. Chetty mentioned, “We’re looking forward to 2026 in terms of investment in trade. There are some exciting events coming up for domestic investors to enter new markets in the region and abroad.”
The government remains firm in its belief that ongoing public sector projects will continue to reinforce positive perceptions of the economy. As Fiji navigates these developments, the emphasis on strategic investment and policy reforms paints a hopeful picture for the country’s economic landscape.