Fiji Time: 6:03 AM on Thursday 11 February

Fiji Times Logo

/ Front page / News

Need for political stability

Repeka Nasiko
Saturday, August 16, 2014

A higher growth rate of Fiji's economy may remain elusive if political reforms do not transform into political stability.

University of the South Pacific Economics lecturer Dr Baljeet Singh said investor confidence would depend on the outcomes of September 17.

"Higher growth rate may remain elusive if the political reform do not transform into political stability for the long run," he said.

"While progress and political reform is visible the outcomes remain uncertain. Confidence will become obvious after the September election."

However, Dr Singh said post-election policies would be vital.

"The post-election policies of the government are expected to improve investor confidence which is very important.

"The elected government should come up with the important economic reform to improve the business environment."

He said land issues would have to be addressed in order to develop the agriculture sector after the election.

"The discussion of the land issues especially on land leases is very important for improved civic growth.

"It is not only important for agriculture but it is also important for the service industry and by that I mean the tourism industry.

"There's a need for constructive and long-term policies and these are some of the things that the elected government would have to come up with."

Dr Singh was speaking at the 2014 University of the South Pacific Economic Update in Lautoka yesterday.








Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Westpac
Code Inward TTs Outward TTs
CAD 0.65340.6344
JPY 54.824451.8244
GBP 0.32510.3171
EUR 0.41720.4052
NZD 0.71680.6838
AUD 0.67000.6450
USD 0.47310.4561

from

$0.00

Exchange Rate updated on 10th February 2016

Today's Most Read Stories

  1. 3 MPs are out
  2. Sydney 7s thriller
  3. Sevens change
  4. Out with traditional attire
  5. Natuva: Russian arms worth $19m
  6. Teenager found unconscious
  7. $59k wage arrears
  8. Bid to help young mum
  9. Fostering a free media
  10. Mend differences, minister tells FTUC, FICTU

Top Stories this Week

  1. Angry 7s fan smashes TV screen Tuesday (09 Feb)
  2. Sevens changes Friday (05 Feb)
  3. Need speed Monday (08 Feb)
  4. Fiji picks up the pieces Thursday (04 Feb)
  5. No tattoo on rape suspect Thursday (04 Feb)
  6. 3 MPs are out Wednesday (10 Feb)
  7. NZ 7s final refereeing charade an embarrassment Monday (08 Feb)
  8. Ryan: Sunshine ahead Tuesday (09 Feb)
  9. Investigation as nurse falls with baby Tuesday (09 Feb)
  10. Legal row Friday (05 Feb)