1. Fiji Economy & Tourism Sector Outlook

2. PRESENTATION OUTLINE  Domestic Economy Outlook  GDP  Trading Partners  Exchange Rate  Inflation  Current Account  Foreign Reserves  Outstanding Bank Lending and Deposits  Sectoral Contribution to Growth  Future Investment and Growth  Ease of doing business  Impedance to Investment  Tourism Industry  Statistic’s on Visitor Arrivals,  Development plans & Projects in progress  Summary of recent investment expericen  Way Forward

3. Domestic growth erratic over the years GDP outlook is looking more promising

4. TRADING PARTNERS’ OUTLOOK  Source: IMF World Economic Outlook –April 2011  Positive Outturn in Trading Partner Countries  - Despite Natural Disasters still Positives for Fiji in Trade, Tourism

6. Inflation is a concern but expected to ease

7. Trade & Current account deficits improved

8. Foreign reserves comfortable

9. But Private Sector activity is weak

11. EASE OF DOING BUSINESS Ease of Doing Business2011 rank2010 rankChange in rank Singapore 11- New Zealand33- United States55- Australia10 - Samoa61676 Fiji6261 Tonga7166-5 China7978 Kiribati9391-2 Papua New Guinea1031083 India1341351 Total Number of Countries – 183 Source: Doing Business 2011, The World Bank

12. EASE OF DOING BUSINESS IN FIJI Top quartile for getting credit and protecting investors! Ease of... 2011 rank 2010 rankChange in rank Doing Business6261 Starting a Business1041073 Dealing with Construction Permits 58 - Employing Workers31- Registering Property5044-6 Getting Credit4644-2 Protecting Investors4441-3 Paying Taxes7776 Trading Across Borders1031085 Enforcing Contracts63652 Closing a Business

13. IMPEDIMENTS TO INVESTMENT  Major Impediments found: in no particular order of priority  Government policy uncertainty  Red tape and bureaucracy  General economic climate  Finding skilled labour  Political situation  Law and order issues  Lack of infrastructure  High Utility costs (eg. water and electricity)  Land tenure instability

16. FUTURE INVESTMENT AND GROWTH IN GROWTH IN TOURISM

20. Bibliography  Fiji GDP 2010 (FIBOS)

21. Questions?

22. Fiji Economic Outlook

23.  Geography  Population  GDP  Key Figures- Economic, Financial, BOP, Social Welfare, Import/Export  Indicators- GNI/Capita, Purchasing Power parity, Gender Indication, MDG, Economic Freedom Index, Diff. Between GDP & GNI  Infrastructure- Transport, Power generation & distribution, water & sanitation, Telephone & ICT  Public Finance  Money & Credit  Labour Productivity & Cost  Income Distribution  Investment  Savings  Banking Performance  Foreign Trade Performance  Price & CPI/ Tax