Finance Minister says Fiji Maintains Economic Resilience Amid Global Uncertainty

The Minister for Finance, Commerce and Business Development, Hon. Esrom Yosef Immanuel, highlighted Fiji’s economic resilience despite a challenging global environment at the launch of the Asian Development Bank’s Asian Development Outlook.

The Minister noted that Fiji’s economy grew by around 3.0 percent in 2025, marking a transition from post-pandemic recovery toward more sustainable and broad-based growth.

This performance was supported by key sectors including tourism, agriculture and construction, alongside resilient consumer spending.

However, he cautioned that escalating geopolitical tensions and disruptions to global energy markets have introduced new risks. Rising fuel prices and supply uncertainties are expected to place upward pressure on inflation, increase business costs and potentially impact tourism and overall economic momentum.

“Tourism continues to play a central role in the economy, with modest growth in visitor arrivals in 2025 supported by markets in North America and Europe, as well as strong domestic tourism” he said.

The Minister also highlighted the importance of the upcoming national Budget, noting it will set a forward-looking policy direction focused on resilience, sustainable growth and addressing the needs of all Fijians.

He encouraged stakeholders to actively participate in ongoing budget consultations to ensure an inclusive and impactful outcome.