Labour market conditions have improved with the number of jobs advertised and increased recruitment intentions across major sectors.
The Reserve Bank of Fiji’s January economic review recorded a total of 13,104 job advertisements.
However, the labour market is expected to tighten in line with the increased domestic employment opportunities and migration.
The Central Bank says accommodative financial conditions have continued to support economy recovery.
“The lowest interest rate environment amid high liquidity levels and the recovery in the labour market, enabled private sector credit to rise to 7.1 per cent to a 41-month high in December.
RBF has also highlighted banking transactions around the country.
In 2022, commercial banks new loans totaled $3.3 billion, higher over the year by 39.7 per cent. Liquidity as at 31 January 2023 stood at $2.4B.
