Developing Asia To Extend Steady Growth in 2014

Higher demand from recovering advanced economies will be dampened somewhat by moderating growth in the PRC, says new ADB report. Read More

Pacific Growth to Pick Up in 2014

Economic growth in the Pacific is projected to rise to 5.4% in 2014 from 4.8% in 2013, according to ADB's latest Asian Development Outlook 2014, launched in Sydney. Read More

Middle-income Trap Holds Back Asia's Potential New Tiger Economies

Moving from a low-cost to a high-value economy requires innovative companies, an improved education system, and government incentives. Read More

Investing in the Pacific Transport Sector

Pacific Transport Update 2013: Island countries in the Pacific region need a strong transport sector to support economic growth. Read More

Overview

The global economic crisis and economic shocks from rising food and fuel prices and periodic cyclones and flooding have impacted Fiji’s fiscal sustainability and have contributed to an increase in rural poverty. There is now a pressing need for a comprehensive set of economic and public sector reforms to provide the foundation for higher growth to tackle poverty.

ADB assistance under a future country partnership strategy will need to take into account increased rural poverty, the decline of key sectors (sugar and garment manufacturing), the vulnerability of the tourism industry, and government budgetary risks.

Fast Facts

0.86 (2012)
Population in millions

0.4% (2010-2012)
Annual population growth rate

31.0% (2009)
Population living below the national poverty line

Proposed Projects

There are no proposed projects at this time.

ADB Lending

Amount ($M) / %
Sector (No. of loans)
52.60 / 16.58
Agriculture (4)
 
36.90 / 11.63
Energy (3)
 
18.60 / 5.86
Finance (3)
 
139.16 / 43.86
Transport and ICT (7)
 
70.00 / 22.06
Water Supply (2)
 
317.26 / 100.00
TOTAL (19)
Cumulative as of 31 December 2012