Rebuild savings, IMF tells FNPF

THE International Monetary Fund has recommended the Fiji National Provident Fund (FNPF) rebuild and increase its savings to mitigate the $275.5 million impact of Severe TC Winston withdrawals in 2016. Following the aftermath of the monster cyclone, about 180,000 FNPF members withdrew up to 30 per cent of pension savings or about 2.8 per cent […]

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