Sada Reddy told Radio Australia’s Pacific Beat program, that the impact of the abrogation of Fiji’s constitution and the imposition of strict media censorship has had only a very minor impact on the Fiji economy.
“I think one of the key things that has affected Fiji in the last two years, more than the political, is the global crisis,” he said.
“People are underestimating the impact of the global crisis on small island economies.”
Reddy acknowledged that political developments in Fiji had affected aid flows and access to foreign loans.
He welcomed signs the global economy is turning around and said that as most of Fiji’s exports are linked to what is happening globally, he expected Fiji would be able to piggy-back on global growth.
Reddy predicts economic growth of 2 percent for Fiji in 2010, up from a slight contraction this year.
