AGP Executive Report
Last update: 11 hours agoEconomic Outlook: The World Bank projects Fiji’s growth at 2.1% in 2026, rising to 3% by 2028, but warns higher fuel and shipping costs and mounting debt are squeezing households and limiting the Government’s room to invest. It urges targeted support and protection of growth-driving investment. Climate and Energy: A strengthening El Niño could worsen drought and threaten hydropower, which supplies about half of Fiji’s electricity. Finance officials say renewable energy, water systems and roads need investment; a new solar-diesel system will bring power to up to 64 Yasawa-i-Rara homes and community facilities. Digital Industry: Fiji plans to connect 500 more villages, while the Government says growing digital infrastructure makes cybersecurity a national priority. The business process outsourcing sector already employs about 9,000 people and earns around $300 million in foreign exchange annually. Tourism and Regulation: Fiji Marriott’s 550-kilowatt solar project is expected to cut its energy use by about 25%. Meanwhile, the competition watchdog is reviewing price controls across sectors including electricity, ports, airports and transport.
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