Issue No:
999; 3 August 2001
Statistics provided by the state shows that the economy
performed the best under the government led by the Fiji Labour Party.
Indicators ranging from economic growth, employment,
government finances, inflation rate, trade, etc., all show that the best
performance was during the reign of the People's Coalition Government.
Labour released the figures in its manifesto for the election.
The following table provides the statistics released by Labour.
|
|
1998
SVT
Govt
|
1999
PC
Govt
|
2000
Qarase
regime
|
2001
projected
|
|
Government Revenue
Customs and Excise
Inland Revenue
|
$1013
m
$228
m
$496
m
|
$1201
m
$250
m
$541
m
|
$1047
m
$220
m
$502
m
|
$
960 m
$212
m
$498
m
|
|
Government Expenditure
|
$1029
m
|
$982
M
|
$920
m
|
$1010
m
|
|
Gross Domestic Product
|
1.4%
|
9.6%
|
-9.3%
|
na
|
|
Inflation Rate
|
8.1%
|
0.2%
|
3%
|
5%
|
|
Total Exports
|
$1013
m
|
$1201
m
|
$1047
m
|
$960
m
|
|
Sugar Exports
Garment Exports
|
$244
m
$301
m
|
$263
m
$322
m
|
$236
m
$278
m
|
$220
m
$230
m
|
|
Tourism Earnings
|
$483
m
|
$559
m
|
$434
m
|
Na
|
|
Tourist Arrivals
|
371,342
|
409,955
|
294,070
|
300,000
|
|
Hotel Turnover
|
$269
m
|
$315
m
|
$254
m
|
na
|
|
Performance of FID/USD
|
50¢
|
51¢
|
43¢
|
41¢
|
|
