National budget, a further impetus to economic growth: RBF

Visitor arrivals increased by an annual 3.0 per cent to 383,982 visitors cumulative to June as arrivals were higher from US, New Zealand, Continental Europe, China, India, Hong Kong and rest of Asia and Pacific Islands, according to the RBF. Picture: FT FILE

THE Reserve Bank of Fiji’s economic review for the year ending July 2018 states that the 2018/2019 National Budget announced on June 28 will add further impetus to economic growth this year and the next. According to the central bank, the 2018-2019 financial year net deficit was $414.2m, equivalent to 3.5 per cent of GDP. […]

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