SUVA, Feb. 28 (Xinhua) -- The Reserve Bank of Fiji (RBF) has warned that a range of global and domestic risks could weigh on Fiji's economic growth outlook this year.
In its latest review, the bank said geopolitical tensions in the Middle East could push up global commodity prices, while the ongoing cyclone season continues to pose risks to domestic economic activity, according to the Fiji Times on Saturday.
Additional headwinds include the possibility of interest rate hikes by key trading partners.
The RBF also cautioned that travel advisories, including the advisory linked to the HIV outbreak from Australia, may impact visitor arrivals.
Collectively, these factors could place downward pressure on the projected 3.0 percent economic growth rate for the year, the bank said. ■
