The Asian Development Bank says Fiji’s poverty rate has been rising, even before the impact of the COVID-19 pandemic, and the most recent household income and expenditure survey found Fiji’s cost-of-basic-needs poverty rate reached 29.9% in 2019– 2020.

In its recent reclassification of Fiji by the ADB from Group C to group B countries which means that Fiji will now be able to access concessional financing from the ADB, the report had highlighted that with modest economic growth rates (averaging 3.1% from 2015 to 2019) Fiji has found it challenging to significantly reduce remaining poverty.

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With modest growth rates from 2015 to 2019, Fiji has found it challenging to significantly reduce remaining poverty - ADB
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With modest growth rates from 2015 to 2019, Fiji has found it challenging to significantly reduce remaining poverty - ADB
17/02/2022 17:23

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People who are raising concerns about Govt debt are not telling the people what would have been the impact if the Govt would not have borrowed money - Sayed-Khaiyum
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People who are raising concerns about Govt debt are not telling the people what would have been the impact if the Govt would not have borrowed money - Sayed-Khaiyum
23/02/2022 17:03

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There was no need for the Govt to borrow to avoid devaluation last year - Narube
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There was no need for the Govt to borrow to avoid devaluation last year - Narube
24/02/2022 12:06

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Increasing Govt debt means the taxpayers have to pay back the loans and Govt services will be affected as more revenue will be going into paying debts – NFP Leader
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Increasing Govt debt means the taxpayers have to pay back the loans and Govt services will be affected as more revenue will be going into paying debts – NFP Leader
25/02/2022 15:39

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Govt debt was a problem before COVID and Sayed-Khaiyum is trying to blame everything on the pandemic - Chaudhry
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Govt debt was a problem before COVID and Sayed-Khaiyum is trying to blame everything on the pandemic - Chaudhry
25/02/2022 17:19