SUVA, Fiji (Fijilive, Feb. 6, 2008) – Remittances to Fiji have declined by 27.3 percent cumulative to November when compared with the same period in 2006, the Reserve Bank of Fiji says.
In the latest economic review, the RBF says this has contributed further to subdued consumption activity.
In 2006, remittances brought around FJ$350 million [US$231.7 million] in foreign exchange earnings. It is unclear what the remittance inflow is for 2007. [Read more]
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