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Record growth, debt falls: Prasad says economy on stronger footing

Fiji’s economy has rebounded sharply with back-to-back years of strong growth, reduced public debt, and improved investor confidence, Finance Minister Professor Biman Prasad said in Parliament today. Announcing the 2025–2026 National Budget, Prof Prasad said GDP growth hit 7.5 per cent in 2023 and 4.0 per cent in 2024, driven by booming tourism, increased household consumption, and a surge in business activity [...]