Fiji 2011-12 Economy Outlook By International Monetary Fund (IMF)
Channel: laminarflow2006
Date: 2011-11-04

An International Monetary Fund (IMF) team led by Mr. Koshy Mathai visited Fiji during October 24—November 4 to hold discussions with the Fijian authorities and other stakeholders on the 2011 Article IV Consultation.1 

The team met with Attorney General Aiyaz Sayed-Khaiyum, Reserve Bank of Fiji (RBF) Governor Barry Whiteside, and other senior public officials, as well as representatives from the private sector, academia, the development-partner community, and other parts of civil society. 

Staff from the Asian Development Bank and the World Bank joined the mission. The team expresses its appreciation to the authorities and other stakeholders for the frank and constructive discussions.


1 Under Article IV of the IMF's Articles of Agreement, the IMF holds bilateral discussions with members. A staff team visits the country (typically on an annual basis) to collect economic and financial information and discuss with officials the country's economic developments and policies. On return to headquarters, the staff prepares a report, which forms the basis for discussion by the Executive Board. 

At the conclusion of the discussion, the Managing Director, as Chairman of the Board, summarizes the views of Executive Directors, and this summary is transmitted to the country's authorities.

IMF web article: http://www.imf.org/external/np/sec/pr/2011/pr11397.htm


Footage source: Fiji TV segment aired Fri. Nov. 4th 2011.