Fiji Time: 5:52 PM on Wednesday 26 April

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 0.65790.6389
JPY 54.478551.4785
GBP 0.37630.3683
EUR 0.44330.4313
NZD 0.70410.6711
AUD 0.64690.6219
USD 0.48690.4699

from

$0.00

Exchange Rate updated on 26th, April, 2017

Today's Most Read Stories

  1. Disciplinary advice for Kiro grounding
  2. Akbar: It takes time to deliver
  3. Non-performing contractors 'are out'
  4. Subsidy plea
  5. Hero's welcome
  6. 788 land leases renewed
  7. Singh: Teachers still affected by board
  8. Qiliho warns officers
  9. Fiji marks Anzac Day
  10. Union awaits word

Top Stories this Week

  1. Cokes17: Maia breaks record Thursday (20 Apr)
  2. Nominate while you can Saturday (22 Apr)
  3. Sawani cheerleaders Thursday (20 Apr)
  4. Luveni: Drug shortage not urgent Tuesday (25 Apr)
  5. 30-year record stands Thursday (20 Apr)
  6. PM upsets church Tuesday (25 Apr)
  7. Another version of history A tribute to the contribution of Fiji Nepalis Sunday (23 Apr)
  8. Cokes17: RKS, ACS maintain lead Friday (21 Apr)
  9. Cokes17: Natabua's Tuvusa wins Blue Ribbon title Friday (21 Apr)
  10. Cokes17: ACS ends purple reign Saturday (22 Apr)