Fiji needs to keep sustained structural reforms, states the International Monetary Fund.
This is stated in the IMF’s assessment on Fiji after the Executive Board Conclusion on 2025 Article IV Consultation with Fiji.
“Progress has been achieved in enhancing the business environment and addressing near-term constraints to growth,” said the IMF.
“’Immediate concerns include addressing ageing infrastructure in electricity, water, and waste utilities, and improving the transport network and digital connectivity.”
“Ongoing concerns include training and human capital.”
“’Successful measures would also encourage more foreign investment, ease external imbalances, and reduce “brain drain.”
The IMF adds Fiji faces ongoing challenges from natural disasters and climate change.
“’Increasing resilience adds to the motivation to shift away from current toward capital spending.”
“Such issues require sustained political consensus and good governance.”
“The government’s recognition of the importance of institutional reform, commitment to the rule of law, and reducing corruption and bribery is welcome.”
“’Recent legislative progress will need to be matched by proper enforcement and addressing capacity constraints in the civil service.”
