Fijian economy on path to recovery: Ali
Ali says the recent announcement that Fiji is now open to all vaccinated travellers from any country together with the removal of the three-day mandatory hotel stay, as well as the relaxation around travel requirements in New Zealand and Australia, is expected to boost arrivals in the coming months.
He adds feedback from industry stakeholders reveals that forward booking numbers from airlines and hotels already show a steep rise in tourism demand from April onwards.
Ali highlights major sectoral performances are also upbeat as gold, timber and electricity production picked up in February.
Consumer spending is also picking up and is evident in higher domestic valued added tax collections, demand for electricity and spending on both new and secondhand vehicles.
Investment activity has remained subdued amidst a cautious environment given the upcoming election, rising costs and global supply chain disruptions.
