The Fiji Commerce and Employers Federation (FCEF) is set to host its annual State of the Economy Breakfast Talanoa, bringing together business leaders, policymakers, and industry experts to discuss Fiji’s economic outlook and its implications for the private sector. As a leading Employers’ and Business Membership Organisation (EBMO) in Fiji, FCEF plays a vital role in facilitating economic discussions that influence national policy.
The event will provide a structured platform for interaction between the private sector and those shaping fiscal, labor, trade, and regulatory policy. Business leaders will have an opportunity to gain insights and engage with economic leadership, helping them navigate the complexities of today’s economic landscape.
Entering 2026, Fiji faces a mixed economic environment. While inflation has eased from prior highs, providing some relief for households and businesses, challenges remain significant for the private sector. The corporate tax rate has climbed by five percent since 2023, while wage costs have surged by 86.6 percent over the past three years. In addition, rising freight costs continue to burden businesses.
The workforce landscape poses its own challenges, marked by a heavy reliance on remittances and a scarcity of skilled candidates ready for the job market. Furthermore, limited investments in professional development and upskilling contribute to productivity constraints, with low labor force participation and high emigration rates aggravating the situation.
Despite these hurdles, FCEF has noted positive developments, such as Fiji’s removal from the European Union’s blacklist for tax transparency, a step that strengthens trade and investment confidence. However, this has come with the loss of the Export Income Deduction (EID), negatively impacting some businesses by reducing export incentives—potentially putting them at a competitive disadvantage.
Looking ahead, the possible signing of the PACER Plus agreement could introduce additional pressures, including increased administrative costs and greater exposure to foreign competition, which might affect local small and medium enterprises (SMEs). These companies are essential for driving Fiji’s GDP growth, currently projected at around three percent, below the National Development Plan’s target of four to five percent for the next five years.
The private sector is increasingly seeking policies that enhance competitiveness and promote sustainable employment growth. The discussions at the State of the Economy Breakfast Talanoa will equip attendees with timely information to support effective investment decisions, workforce planning, and alignment with national development aspirations.
Scheduled for March 4, 2026, from 7:00 AM to 9:00 AM at the Grand Pacific Hotel in Suva, the event aims to facilitate strategic engagement with Fiji’s economic leadership. Registration options include individual and group attendance, with early booking recommended due to limited seating. Participants will also earn two Continuing Professional Development (CPD) hours, benefiting finance and governance professionals.
Minister for Finance Esrom Immanuel will address the state of Fiji’s economy during this insightful gathering, jointly organized by FCEF and the Fiji Institute of Chartered Accountants (FICA). This event promises to be a pivotal moment for stakeholders keen on contributing to Fiji’s economic future.