USA-Fiji Investments and Savings Initiative
The Ministry of Trade organised an investment and savings drive for US-based diaspora to encourage diaspora to invest and save in Fiji. The ministry intends to make the drive an annual event on the occasion of Fiji Day, 10 October, and considers replicating it in other countries. The initiative aligns with the ministry’s wider strategy on engaging diaspora in Fiji’s economic development.
Banking difficulties flagged by the diaspora led to a strategic partnership with the Fijian Government, Fiji Trade Commission-North America and locally-owned financial institution HFC Bank to create a novel programme to allow Fijians in the United States of America with the flexibility to open and manage accounts in Fiji from abroad. The programme has been developed in response to demands from the diaspora.
Sector
- Finance
- Investment
- Youth