Timoci Vula

5 days ago | fijitimes.com.fj | Timoci Vula

Fiji’s economy has been recovering from the global pandemic but is facing new setbacks, the International Monetary Fund (IMF) executive directors said after the executive board’s conclusion of the 2025 Article IV Consultation with Fiji. The IMF executive board concluded the Article IV consultation with Fiji last Tuesday, and it considered and endorsed its staff team’s appraisal without a meeting.

5 days ago | fijitimes.com.fj | Timoci Vula

Fiscal and monetary policies should focus on addressing macroeconomic imbalances. This is the view of the International Monetary Fund’s (IMF) executive board in its endorsement of its staff team’s appraisal on the conclusion of the Article IV consultation with Fiji last week. The IMF staff team in its assessment stated monetary and financial conditions in Fiji remained accommodative, while the fiscal stance had tightened.

5 days ago | fijitimes.com.fj | Timoci Vula

The International Monetary Fund (IMF) has noted immediate concerns in Fiji that include addressing ageing infrastructure in electricity, water and waste utilities, and improving the transport network and digital connectivity. This was noted by the IMF executive board when it considered and endorsed its staff team’s assessment of Fiji after the conclusion of the 2025 Article IV consultation with Fiji, saying raising potential growth called for sustained structural reforms.

5 days ago | fijitimes.com.fj | Timoci Vula

Fiji’s consumer watchdog has renewed warning to members of the public relating to rental car services following receipt of what it describes as serious complaints of aggressive and unethical behaviour by rogue rental car companies. While the Consumer Council of Fiji has revealed receiving 163 complaints relating to rental car services since 2020 with a combined value of more than $97,000, it added the recent nature of complaints had grown more troubling.

2 weeks ago | fijitimes.com.fj | Timoci Vula

Fiji’s inward remittances totalled $48.5million in the year to April this year. The Reserve Bank of Fiji (RBF) said majority of the funds were received via the mobile money channel, it reported in its May Economic Review. It reported that outward remittances totalled $174.2m, growing by 13.3 per cent mainly from outflows by emigrants and non-residents to meet commitments in their home country.