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The government says Fiji\u2019s economy remains in a very strong position.<\/p>\n
Speaking on the state of the economy, Government MP and NFP Leader Professor Biman Prasad says targeted actions since the administration took office have strengthened growth.<\/p>\n
He adds that increased social welfare allowances and new support schemes have helped ease cost-of-living pressures for ordinary Fijians.<\/p>\n
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\u201cWell, as I said, the fundamentals in the economy are very strong. And it has not just become strong by itself. We took deliberate government policy actions,\u201d Prasad said.<\/p>\n
He highlighted tax reforms, better compliance, and tighter control of spending as key contributors to the country\u2019s economic growth.<\/p>\n
The economy is also supported by higher consumer and investor confidence, and recent fiscal consolidation efforts, he said.<\/p>\n
Investment Fiji Chief Executive Kamal Chetty says renewed investments are expected this year.<\/p>\n
\u201cSo we\u2019re looking forward to 2026 in terms of investment in trade. There are some exciting events coming up for domestic investors to enter new markets in the region and abroad,\u201d Chetty said.<\/p>\n
The government reiterated that ongoing public sector projects continue to reinforce its positive view of the economy.<\/p>\n