Fiji

In Fiji, we are supporting reforms that create an accommodating environment for businesses to be established, to innovate, and to increase productivity. 

PSDI has been working with the Government of Fiji to:

  • Increase the use of the secured transactions framework established in June 2019 that has made it easier for lenders to accept movable property as collateral;

  • Assist with the commercial transformation of the Fiji Development Bank;

  • Develop effective SOE policy and legislative reform, supported by regional SOE benchmarking and analysis;

  • Strengthen the capacity of the Fiji Competition and Consumer Commission;

  • Draft a National Competition and Consumer Protection Policy; and

  • Implement pilot projects to help make workplaces more women-friendly and provide leadership pathways for women.

Resources and Spending

Following the elections of September 2014 and Fiji’s return to democracy, the Asian Development Bank (ADB) resumed full engagement with the Government of Fiji.

PSDI has spent more than $2.7 million on private sector development related reforms in Fiji. Financing Growth initiatives have accounted for the largest share of funding allocations—34% overall. This covers PSDI's support to the Fiji Secured Transactions Task Force and the Fiji Development Bank, illustrating the current enthusiasm for secured transactions reform in Fiji. Spending for State-owned Enterprise Reform accounts for 21% of over spending in Fiji, reflecting increased requests for SOE reform support including the development of a Public Enterprise Bill and PPP Policy. Business Law Reform initiatives account for 16% of total spending, much of which has gone towards the development of a secured transactions framework—the PSDI-supported Personal Properties Securities Act and the May 2019 launch of a Personal Property Securities Registry.

Fiji2007 2019 web

On this website, $ refers to US dollars unless otherwise stated.

Fiji at a glance

Secured transactions framework

established with the launch of an online registry in June 2019 makes it easier for lenders to accept movable assets as collateral.

34,000 securities registered

As of end-2019, more than 34,000 security interests over movable assets to be used as collateral for loans have been registered in Fiji using the PSDI-supported secured transactions framework.

Women’s Business Leadership Program

which helps prepare women for senior roles, delivered in 2016 and replicated in 2017.

Strengthened capacity

at the Fiji Competition and Consumer Commission.

SOE benchmarking

Fiji has participated in all five of PSDI’s Finding Balance comparative studies of Pacific state-owned enterprise performance.

Commercialisation and finance

PSDI is supporting increased commercial operations at Fiji Development Bank and supporting its potential to provide movables finance for the agricultural sector.
Latest News
21 August 2019
Movables Financing Model can work in Fiji says Expert

Movables financing "has the potential to break the cycle of dependence on limited, subsidised finance and empower farmers to better manage cash flow and re-invest in their businesses: improving growing methods, planting more trees, engaging labor when needed, and accessing networks to improve sale p

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31 May 2019
Fiji’s Personal Property Securities Registry is now live

Fiji’s Personal Property Securities Registry is now live, making Fiji the 9th country PSDI has helped to establish a secured transactions framework.

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17 April 2019
South Pacific Stock Exchange adopts PSDI recommendation to increase the number of women company directors

Fiji’s stock exchange has adopted PSDI recommendations to help increase the number of women company directors.

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30 October 2018
Work commences on implementation of Personal Property Securities Act

Work has started on the creation of an online personal property securities registry in Fiji.

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30 November 2017
PSDI Pilot Project Finishes Training Fijian Women Professionals

A group of 25 women employees of companies listed on Fiji’s South Pacific Stock Exchange (SPSE) graduated today from a PSDI pilot project designed to prepare them for leadership and board positions.

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10 July 2017
ADB, South Pacific Stock Exchange Partner to Empower Professional Women

SUVA, FIJI (10 July 2017) — A training program to help more Fijian women reach leadership and board positions in South Pacific Stock Exchange-listed (SPSE) companies was launched in Suva today.

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Key Publications
PSDI ANNUAL PROGRESS REPORT 2018–2019
PSDI ANNUAL PROGRESS REPORT 2018–2019
This report gives an overview of PSDI activities from July 2018 to June 2019.
Finding Balance 2019: Benchmarking the Performance of State-owned Banks in the Pacific
Finding Balance 2019: Benchmarking the Performance of State-...
This report profiles the roles, performance, market context, and regulatory frameworks of 13 state-owned banks in 10 Pacific countries.
Finding Balance 2019: Benchmarking the Performance of State-owned Banks in the Pacific
Finding Balance 2019: Benchmarking the Performance of State-...
This report profiles the roles, performance, market context, and regulatory frameworks of 13 state-owned banks in 10 Pacific countries.
PSDI Annual Progress Report 2017–2018
PSDI Annual Progress Report 2017–2018
This report gives an overview of PSDI activities from June 2017 to June 2018.
Women and Business in the Pacific
Women and Business in the Pacific
This book provides a comprehensive analysis of the context in which Pacific women engage in the private sector, and strategies to increase their participation in business.
Tourism as a Driver of Growth in the Pacific
Tourism as a Driver of Growth in the Pacific
Tourism in the Pacific is increasing and will be a key driver of economic growth in the coming decade. Yet despite more visitors to the Pacific, tourism growth is not inevitable for all countries in the region.