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This 2019 Article IV Consultation with the Republic of Fiji highlights that economic activity slowed sharply in 2019 due to lower government spending, tighter domestic financial conditions, weak sentiment, and the global deceleration. The slowdown followed several years of relatively strong growth, boosted by reconstruction spending after a major cyclone in 2016, which resulted in rising external and fiscal imbalances. Fiscal space is now at risk and external vulnerabilities remain significant. Fiji has large investment needs to strengthen resilience to natural disasters and climate change. A key priority should be to rebuild fiscal buffers in a growth-friendly way to create space to respond to future natural disasters and to ensure public debt sustainability. Fiscal consolidation should focus on reining in current spending given limited scope for further revenue mobilization and the need for capital spending to improve resilience to climate change. Improvements in the business environment and in governance are essential to raise potential growth and boost private investment, and to enhance productivity and competitiveness.

Mortgages. --- Anti-money laundering and combating the financing of terrorism (AML/CFT) --- Balance of payments --- Banking --- Banks and Banking --- Business and Financial --- Central banks --- Computer Programs: Other --- Corporate crime --- Credit bureaus --- Crime --- Criminology --- Current Account Adjustment --- Data Collection and Data Estimation Methodology --- Debt Management --- Debt --- Debts, Public --- Econometrics & economic statistics --- Expenditure --- Expenditures, Public --- Finance --- Finance: General --- Financial markets --- Financial regulation and supervision --- Financial services law & regulation --- Fiscal Policy --- Fiscal policy --- Government debt management --- Illegal Behavior and the Enforcement of Law --- International reserves --- Macroeconomics --- Money laundering --- National Government Expenditures and Related Policies: General --- Public debt --- Public finance & taxation --- Public Finance --- Public financial management (PFM) --- Short-term Capital Movements --- Sovereign Debt --- Statistics --- White-collar crime --- Fiji, Republic of