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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.

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Major contributions are expected to originate from the manufacturing; transport & storage; financial & insurance activities; wholesale & retail trade, and the accommodation & food services sectors.

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