Economy projected to grow by 3.6% this year
February 19, 2018 6:36 pm
The Fijian economy is projected to grow by 3.6 percent this year.
The Reserve Bank says this is mainly backed by positive growth expected from the manufacturing; public administration & Defence; transport & storage; information & communication; construction and the wholesale & retail trade sectors.
For 2019 and 2020, the economy is forecast to grow by 3.2 percent, respectively with positive growth foreseen across all sectors.
Major contributions are expected to originate from the manufacturing; transport & storage; financial & insurance activities; wholesale & retail trade, and the accommodation & food services sectors.