Fiji economy tourism sector outlook
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Fiji Economy & Tourism Sector Outlook. PRESENTATION OUTLINE. Domestic Economy Outlook GDP Trading Partners Exchange Rate Inflation Current Account Foreign Reserves Outstanding Bank Lending and Deposits Sectoral Contribution to Growth Future Investment and Growth

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Fiji Economy & Tourism Sector Outlook

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Fiji economy tourism sector outlook

Fiji Economy & Tourism Sector Outlook


Presentation outline

PRESENTATION OUTLINE

  • Domestic Economy Outlook

    • GDP

    • Trading Partners

    • Exchange Rate

    • Inflation

    • Current Account

    • Foreign Reserves

    • Outstanding Bank Lending and Deposits

    • Sectoral Contribution to Growth

  • Future Investment and Growth

  • Ease of doing business

  • Impedance to Investment

  • Tourism Industry

  • Statistic’s on Visitor Arrivals,

  • Development plans & Projects in progress

  • Summary of recent investment expericen

  • Way Forward


Domestic growth erratic over the years gdp outlook is looking more promising

Domestic growth erratic over the yearsGDP outlook is looking more promising


Trading partners outlook

TRADING PARTNERS’ OUTLOOK

  • Source: IMF World Economic Outlook –April 2011

  • Positive Outturn in Trading Partner Countries

  • - Despite Natural Disasters still Positives for Fiji in Trade, Tourism


Inflation is a concern but expected to ease

Inflation is a concern but expected to ease


Trade current account deficits improved

Trade & Current account deficits improved


Foreign reserves comfortable

Foreign reserves comfortable


But private sector activity is weak

But Private Sector activity is weak


Ease of doing business

EASE OF DOING BUSINESS

Total Number of Countries – 183 Source: Doing Business 2011, The World Bank


Ease of doing business in fiji top quartile for getting credit and protecting investors

EASE OF DOING BUSINESS IN FIJITop quartile for getting credit and protecting investors!


Impediments to investment

IMPEDIMENTS TO INVESTMENT

  • Major Impediments found: in no particular order of priority

    • Government policy uncertainty

    • Red tape and bureaucracy

    • General economic climate

    • Finding skilled labour

    • Political situation

    • Law and order issues

    • Lack of infrastructure

    • High Utility costs (eg. water and electricity)

    • Land tenure instability


Fiji economy tourism sector outlook

FUTURE INVESTMENT AND GROWTH IN GROWTH IN TOURISM


Bibliography

Bibliography

  • Fiji GDP 2010 (FIBOS)


Questions

Questions?


Fiji economic outlook

Fiji Economic Outlook


Fiji economy tourism sector outlook

  • Geography

  • Population

  • GDP

  • Key Figures- Economic, Financial, BOP, Social Welfare, Import/Export

  • Indicators- GNI/Capita, Purchasing Power parity, Gender Indication, MDG, Economic Freedom Index, Diff. Between GDP & GNI

  • Infrastructure- Transport, Power generation & distribution, water & sanitation, Telephone & ICT

  • Public Finance

  • Money & Credit

  • Labour Productivity & Cost

  • Income Distribution

  • Investment

  • Savings

  • Banking Performance

  • Foreign Trade Performance

  • Price & CPI/ Tax


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