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Fiji’s fiscal outlook hinges on economic recovery: ADB

augustus 03, 2023by Reacties uitgeschakeld voor Fiji’s fiscal outlook hinges on economic recovery: ADB

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SUVA, Aug. 3 (Xinhua) — Fiji’s fiscal outlook hinges on continued economic recovery into the medium term, said the Asian Development Bank (ADB) in its latest Pacific Economic Monitor report.

The report said a 26 percent increase in Fiji’s expenditures in the 2023-2024 National Budget places heavy pressure on the new revenue measures to meet their targets to avoid wider deficits and put fiscal consolidation plan

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