1.

Record Nr.

UNINA9910821972303321

Titolo

Republic of Fiji : : Staff Report for the 2014 Article IV Consultation

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2014

ISBN

1-4983-6738-0

1-4755-9813-0

Edizione

[1st ed.]

Descrizione fisica

1 online resource (61 p.)

Collana

IMF Staff Country Reports

Disciplina

330.99611

Soggetti

Banks and Banking

Foreign Exchange

Money and Monetary Policy

Public Finance

Statistics

Macroeconomics

Debt

Debt Management

Sovereign Debt

National Government Expenditures and Related Policies: General

Banks

Depository Institutions

Micro Finance Institutions

Mortgages

Monetary Policy, Central Banking, and the Supply of Money and Credit: General

Data Collection and Data Estimation Methodology

Computer Programs: Other

Public finance & taxation

Banking

Econometrics & economic statistics

Monetary economics

Currency

Foreign exchange

Expenditure

Public debt

Credit

Exchange rate flexibility

Money

Balance of payments statistics



Economic and financial statistics

Debts, Public

Banks and banking

Expenditures, Public

Finance

Fiji Economic policy

Fiji Economic conditions

Fiji, Republic of

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di contenuto

Cover; Contents; CONTEXT; RECENT ECONOMIC DEVELOPMENTS AND OUTLOOK; POLICY DISCUSSIONS; A. Monetary and Financial Policies; B. Fiscal policy; C. Exchange Rate Policy and External Balance; D. Structural Reforms; STAFF APPRAISAL; BOXES; 1. Re-engagement of Traditional Development Partners; 2. Risk Assessment Matrix; 3. Exchange Rate Assessment; FIGURES; 1. Macroeconomic Developments; 2. Exchange Rate and Inflation Developments; 3. Fiscal Indicators; 4. Balance of Payments; 5. Monetary Indicators; 6. Financial Soundness Indicators; 7. External Vulnerabilities; TABLES

1. Selected Economic Indicators, 2009-152. Depository Corporations Survey, 2009-13; 3. Central Government Finances, 2009-15; 4. Balance of Payments, 2009-19; 5. Medium-Term Indicators, 2009-19; APPENDICES; I. External Debt Sustainability Framework, 2009-19; II. Public Debt Sustainablility Analysis; III. FSAP Recommendations and Implementation; IV. Main Recommendations of the 2013 Article IV; CONTENTS; FUND RELATIONS; WORLD BANK-IMF COLLABORATION; RELATIONS WITH THE PACIFIC FINANCIAL TECHNICAL ASSISTANCE CENTRE; RELATIONS WITH THE ASIAN DEVELOPMENT BANK; STATISTICAL ISSUES

Sommario/riassunto

This 2014 Article IV Consultation highlights that growth in Fiji in 2013 accelerated to 4.6 percent. Consumption and investment indicators suggest continued strength in 2014, with economic growth projected at 3.8 percent. Headline inflation is currently low as imported commodity and food prices have remained stable. The Reserve Bank of Fiji lowered its policy rate to 0.5 percent in 2011, and monetary policy has been on hold since then. In response to lower rates and improved confidence, net domestic credit accelerated in the first half of 2014. Based on developments in the first half of 2014, the deficit financing target is on track to be met.