Fiji Time: 8:46 PM on Monday 22 December

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. Drunk doctor claim
  2. Axed but at peace
  3. Stranded on vessel
  4. Dream come true
  5. Police, FRCA raid uncover $A30m of heroin
  6. Check the meat
  7. Love heals the pain
  8. Educationist calls it a day
  9. House collapses after minor landslide
  10. Perseverance pays off

Top Stories this Week

  1. TV pair sent home Wednesday (17 Dec)
  2. Justice and sleep at last Thursday (18 Dec)
  3. She's gone but the pain stays Tuesday (16 Dec)
  4. TERROR ALERT Gunmen strike Sydney cafe Tuesday (16 Dec)
  5. Clan leader calls for harsher penalties Wednesday (17 Dec)
  6. Court told of baby's tragic end Thursday (18 Dec)
  7. 441 new positions Wednesday (17 Dec)
  8. A-G: Claim ludicrous Friday (19 Dec)
  9. Rugby star's emotional celebration with children Thursday (18 Dec)
  10. Years later daughter still feels pain of losing dad Friday (19 Dec)