AGP Executive Report
Last update: 11 hours agoAIIB Financing for Fiji: The Asian Infrastructure Investment Bank will provide Fiji with US$80m in sovereign-backed support to boost economic resilience and climate/disaster preparedness, co-financed with the World Bank alongside US$230m fast-disbursing budget support tied to reforms for private-sector growth. Fiji–New Zealand Trade Reset: Fiji and New Zealand have renewed the five-year Duavata Partnership (2026–2030) to deepen trade, investment and cooperation across resilience, governance, security, social wellbeing and climate. MSME Finance Push: Fiji Investment Corporation and Australia’s Market Development Facility are partnering to help close a US$2.2b MSME financing gap by offering advice and support so more businesses can secure loans. Consumer Protection & Scams: Fiji’s Consumer Council says consumer protection laws need updating for online risks, with scam legislation under review and a push for stronger credit rules. Tax Recovery Powers: Proposed amendments would give the FRCS more power to recover unpaid taxes by allowing property sales with taxpayer consent, aiming to speed up recovery and cut legal costs. Sugar Sector Watch: FSC says it’s on track for its export quota; 82% of northern cane farmers have signed harvesting agreements, easing boycott fears. Agribusiness Export Dispute: Vegetable exporters allege Fiji’s HTFA treatment facility is damaging produce, driving major losses and customer concerns. Telecoms & Connectivity: Telecom Fiji will host the Pacific Fibre Conference (July 30–31) to shape digital infrastructure investment for an AI-driven economy. Elder Abuse Response: A Lautoka roundtable is tackling a sharp rise in elder financial exploitation, focusing on practical protections and the draft National Ageing Policy. Disaster Resilience: Viria Village in Naitasiri is getting a $1.6m evacuation centre to strengthen safety during disasters and recognise its role in water security infrastructure.
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