Abishek Chand
Fiji born Australian Professor Satish Chand. Picture: https://devpolicy.org/
Fiji has gone backwards in terms of economic progress roughly by a decade according to Fiji born Australian Professor Satish Chand.
Prof Chand, who is a professor of finance in the school of business at the University of New South Wales based at the Australian Defence Force Academy in Canberra, revealed this during a virtual panel discussion last week.
He said the country’s recovery could only begin once herd immunity was achieved.
“The most recent forecast is that the global economy will grow by 6 per cent in 2021 and 4.9 per cent in 2022,” he said.