I am delighted to make a presentation on Tourism in Fiji’s Economy. The areas I have been specifically requested to address are the following:
Outline: The outline of my presentation is as follows:
Global Economic Conditions
Global growth is slowing. The International Monetary Fund (IMF) expects global growth to slow to 4.1% in 2008 and to soften further to 3.8% in 2009. Our major trading partners and visitor source markets have a sluggish outlook for the next two years. However, emerging market economies, like China and India, will continue to experience firm growth rates and provide stability to global growth.
Recent figures show a moderate recovery in bank lending.
Fiji’s Tourism Industry
Fiji’s Tourism Industry – Retention Rate and Economic Impact