Business

Business confidence improves

November 26, 2021 10:29 am

The Reserve Bank of Fiji has noted a significant improvement in business confidence as the opening of international borders draws closer.

Governor, Ariff Ali, says he has noticed a dramatic change within the private sector.

“There has been a significant improvement in business sentiment over the last couple of weeks. I’ve been in the West a couple of times meeting various stakeholders. The GDP numbers are currently being reviewed and we’re confident that growth in the next three years will be very strong.”

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Ali was speaking at the 2021 Fiji Human Resource Institute Conference in Nadi.

A number of operators have said that news of the opening of borders and the return of tourists has bolstered their business expectations.

The feeling is shared among a cross section of the commercial sector because of the ripple effects of tourism resuming once more.