The COVID19 pandemic has upended economies the world over, while there is financial pain there is also an opportunity for the reorganisation of national and global economics. Fiji's economic fault lines have been exposed under the pressures of COVID-19, exposing the gaps through which people and communities are falling. As governments continue to act to support economies undone by the pandemic it's important to see that any community relief that is being offered also has an eye to the future. By Maureen Penjueli.
You are here
Results for Pacific Islands economies
Friday 19 June 2020
Thursday 28 May 2020
Washington D.C., U.S.A
Already among the most remote countries on earth, Pacific island states saw their vital economic links weakened in recent months with the evaporation of tourism, severe disruptions to international trade, and a reduction in remittances. For these countries, the COVID-19 pandemic may cut deeper than even some of the worst cyclones from years past. Emergency assistance for Pacific island countries will be considered by the IMF’s Executive Board in the coming weeks, says a new report.