Creating Markets in Fiji: Country Private

Year published
2022
Theme
Social
Sustainable Banking
Author
IFC
Category
Report

Fiji faces a challenging and opportune time as it works towards building a more diverse and resilient economy amid the lingering impacts of COVID-19. The dual shocks stemming from the pandemic and a series of natural disasters have been devastating for the nation’s economy, causing job losses, and eroding gains made during the decade prior to the pandemic, which had seen Fiji record its strongest post-independence period of economic growth. With fiscal space limited due to an extraordinary volume of COVID-19 relief spending, private sector investment and private sector-led solutions must be front and center for Fiji’s recovery and development strategy.