IMF estimates $1.1bn a year to strengthen Fiji’s resilience to natural hazards

The International Monetary Fund (IMF) estimates the Government will need to invest about $1.1 billion (10 per cent of GDP per year) to strengthen Fiji's resilience to climate change and natural hazards for decades to come. Picture: FT FILE

IT is estimated that the Government will need to invest about $1.1 billion (10 per cent of GDP per year) to strengthen Fiji’s resilience to climate change and natural hazards for decades to come. This was highlighted in the International Monetary Fund’s (IMF) 2018 Article IV consultation staff’s appraisal for Fiji. According to the report, […]

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