14 Aug 2013

Fiji government welcomes new projected growth figures

3:14 pm on 14 August 2013

Fiji's government has welcomed the Reserve Bank of Fiji's upward revision of projected economic growth.

FBC News reports the figure has been revised from 2.7 to 3.2 percent.

It reports the Ministry of Finance permanent secretary, Filimone Waqabaca, says there is an air of confidence and optimism in the country which augurs well for the government's medium term target of five percent growth.

He says income tax changes have contributed to robustness in the wholesale and retail sector.