Fiji Time: 7:02 PM on Friday 24 October

Fiji Times Logo

/ Front page / News

Local economists capable of realistic outlook

Felix Chaudhary
Saturday, August 16, 2014

PEOPLE should not give too much credence to international financial monitors such as Moodys or the International Monetary Fund and their optimistic outlook on Fiji's economic growth, says the People's Democratic Party.

"These are the very same institutions that gave good ratings to banks in the United States that subsequently collapsed in 2008 and brought financial ruin across the world," said party leader Felix Anthony.

"They gave good ratings to financial institutions that made families homeless and people jobless, so I don't think we should put too much faith in these organisations.

"So I don't understand why the current government is forcing us to give credence to organisations like these when they don't have a good track record."

Mr Anthony said there were qualified local economists and specialists that were more than capable of delivering what he termed "a more realistic picture" of the local economy.





Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Today's Most Read Stories

  1. Kepa's not weak
  2. Full pay while on leave
  3. Ryan's fight to help 7s
  4. Emotional experience
  5. Fear not, go to the hospital
  6. Call to probe e-ticketing
  7. Hindus give thanks
  8. FRCA officials remember fallen colleagues
  9. UN hails Fiji's effort
  10. Print media an effective cancer awareness tool

Top Stories this Week

  1. Death shocks family Monday (20 Oct)
  2. Biman gets nod Saturday (18 Oct)
  3. Inside Fiji sevens Tuesday (21 Oct)
  4. Budget overspent Wednesday (22 Oct)
  5. Public access Tuesday (21 Oct)
  6. Forgery suspect still in remand Tuesday (21 Oct)
  7. $20m in excess Wednesday (22 Oct)
  8. Kepa's not weak Friday (24 Oct)
  9. $11.9m in arrears Wednesday (22 Oct)
  10. Nadolo out Thursday (23 Oct)