Reserve Bank of Fiji Governor Sada Reddy says the future of the sugar industry does not look very promising.
Mr Reddy told a tourism forum that sugar production was expected to decline significantly this year due to continuing milling problems and a drop in cane production.
He said the lower cane production was due largely to very low rainfall this year, while mill upgrade works were not delivering the efficiencies that were expected.
However Fiji Live reports Mr Reddy as saying Fiji experienced a significant slowdown in inflation, with the rate falling to 5.4% in July after peaking at 10.5% in April.
