Fiji’s consumption expenditure is showing resilience with strong growth figures, according to former Reserve Bank of Fiji Governor Barry Whiteside.

Speaking to Fiji One News, Whiteside, the outgoing Chairperson for Kontiki Finance says a positive 3 percent growth is earmarked for the economy, driven by investment and tourism.

“We’ve seen good growth now, we’re quite happy with what’s happening in the economy, we’re looking at a 3 percent growth this year and into next year, a continued growth and possibly around 4 percent and all driven at the moment by tourism, and we’re looking to other sectors”, Whiteside said.

He says, investment from both local and international sources has strengthened Fiji’s economic foundation, providing critical infrastructure and development in key sectors.

Kontiki Finance, under Whiteside’s leadership, has played a role in this economic surge by facilitating consumer loans and supporting business ventures.

“All in all we’re looking forward to another good year 2025. We just released our first quarter financial year 2025 outcome. We’re seeing that there is progress”, he said.