Journalists must seek advice from RBF on nation’s economy: Governor

Reserve Bank of Fiji governor Ariff Ali speaks to members of the media during a press conference at the Reserve Bank of Fiji building in Suva. Picture: JONACANI LALAKOBAU/FILE

JOURNALISTS could improve their understanding of the Fijian economy if they are well versed with the knowledge of how the economy is managed.

Reserve Bank of Fiji governor Ariff Ali made this remark at a press conference in Suva today to address the ongoing publicity on the country’s liquidity position.

With the recent reports on liquidity that went viral on social media, he said the status of liquidity in Fiji had been misinterpreted.

For journalists to understand the status of the nation’s economy, Mr Ali said it was best that they sought advice from the central bank rather than politicians or academics.

“You need to do your job in trying to create an atmosphere of credible reporting and let the readers know the level of liquidity is more than sufficient,” he said.

Mr Ali said the decrease of liquidity from $500million to $300million should not be a concern because it was sufficient to meet the demands of the economy and the people.

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