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Fiji

Fiji, Japan sign standby disaster loan financing agreement

Fiji and Japan signed an exchange of notes on Wednesday for a second stand-by disaster loan financing of around 72.0 million Fijian dollars (around 32.4 million US dollars), which will assist in any future needs for disaster recovery and rehabilitation.

Fiji upgrades economic growth forecast for 2022

Fiji upgraded its economic growth forecast for 2022 on Tuesday, as the island country's economy is on the path to recovery after being severely affected by the COVID-19 pandemic in the past two years.