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IFC - International Finance Corporation (via Public) / Research Reveals Financial Impact on Businesses from TC Yasa was Exacerbated by Lack of Insurance


Research Reveals Financial Impact on Businesses from TC Yasa was Exacerbated by Lack of Insurance

Suva, Fiji, July 8, 2021- The financial impact on more than 1,500 Fijian businesses, which were among the hardest hit by Tropical Cyclone (TC) Yasa, has been estimated at FJD$25 million, while only a fraction were insured against the disaster, new research has revealed.
A survey by the Ministry of Commerce, Trade, Tourism and Transport (MCTTT) and the International Finance Corporation (IFC) of 1,554 Fijian businesses showed that while 92 percent were affected by the cyclone when it struck in December 2020, only one percent had cyclone insurance. Tropical Cyclone Yasa - a Category 5 - was the strongest tropical cyclone in the South Pacific since Winston in 2016. ....

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Fiji's perilous debt sink-hole | FIJI Labour Party


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For the first time in Fiji’s history our national debt level has exceeded the GDP. It is time to ask where the borrowed billions are going :Mahendra Chaudhry, Leader Fiji Labour Party  .
It had become quite clear even before the Covid pandemic struck, that government finances were in a precarious state, business confidence had fallen to record lows and banks had tightened up on credit.
Government revenues were down – substantially below Budget – creating large fiscal deficits which were funded by both internal and external borrowings. There were no signs of recovery from this downward spiral as our exports had plunged, tourism earnings  had peaked and investment levels remained stagnant. ....

United States , Vanua Levu , Fiji General , World Bank , District Of Columbia , Mahendra Chaudhry , Fiji National Development Plan , Fiji Airways , National Debt , Leader Fiji Labour Party , International Finance Corporation , World Bank Group Loan , National Development Plan , Economy Minister Sayed Khaiyum , World Bank Group , Minister Khaiyum , Tropical Cyclones Harold , Deva De Silva , Japanese Government , Fiji Times , Cyclone Harold , Lautoka Hospital , Tacirua Housing , ல Ut டோகா , ஒன்றுபட்டது மாநிலங்களில் , ஃபிஜி ஜநரல் ,

The Fiji Times » Fijian Government and IFC collaborate on Early Childcare Policy


International Finance Corporation
24 February, 2021, 2:58 pm
IFC country representative to Fiji, Tonga, Samoa, Kiribati and Tuvalu, Deva De Silva and Minister for Women, Children and Poverty Alleviation, Mereseini Vuniwaqa after the cooperation agreement signing. Picture: SCREENGRAB
Working families and businesses in Fiji are set to benefit from the development of a childcare policy and regulatory framework that will pave the way for quality and safe childcare services for children under the age of five, while also helping to reduce absenteeism and improve productivity.
IFC, a member of the World Bank Group, is supporting the Fijian Government in the design of the country’s first early childhood care services policy which is expected to foster better outcomes for children, including in health, safety and nutrition. ....

New Zealand , John Feakes , Mereseini Vuniwaqa , World Bank Group , National Coordinating Committee For Children , Fiji Partnership , Fijian Government , Poverty Alleviation , Tackling Childcare , Business Case , Employer Supported Childcare , Deva De Silva , Early Childhood Care , Education Task Force , National Coordinating Committee , Australian High Commissioner , புதியது ஜீலாந்து , ஜான் பெஆகேச் , உலகம் வங்கி குழு , தேசிய ஒருங்கிணைத்தல் குழு க்கு குழந்தைகள் , ஃபிஜி கூட்டு , பாவர்டீ ஒழிப்பு , வணிக வழக்கு , முதலாளி ஆதரிக்கப்படுகிறது குழந்தை பராமரிப்பு , தேவா டி சில்வா , ஆரம்ப குழந்தை பருவம் பராமரிப்பு ,