News

Political stability critical for Fiji’s economy: AG

December 20, 2018 4:40 pm

Attorney General, Aiyaz Sayed-Khaiyum

Political stability is critical to give confidence to investors and trading partners.

Attorney General, Aiyaz Sayed-Khaiyum made these comments following a review of the performance of Fiji’s economy by the International Monetary Fund.

The IMF reveals that Fiji’s economy is projected to continue with its strong performance and it has been doing well for the past few years compared to several decades.

Article continues after advertisement

Sayed-Khaiyum says it’s unfortunate that some opposition members constantly want to create political instability at the expense of the economy.

_“At the end of the day, ordinary Fijians want to have sustainable jobs and good jobs. They want to have competitive pricing in the labour market – getting good salaries. Getting opportunities to amenities, infrastructure, etc. So all these issues when you take it into consideration, the FijiFirst government led by our honourable Prime Minister is creating that stability.”_

IMF Deputy Division Chief for Asia and the Pacific Department, Pablo Murphy says political stability is important in supporting economic growth.

The report revealed that our economy growth is expected to pick up to about 3.2 percent in 2018.