Boost for FDB lending approved

2026-03-10 - 22:46

Parliament has approved a government guarantee for the Fiji Development Bank. The $220 million guarantee will support the Bank’s borrowings from March 2026 to February 2027. Finance Minister Esrom Immanuel said the guarantee would allow the Bank to continue lending to priority sectors, including agriculture, housing, SMEs, sustainable energy and resource-based industries. He also states