Presentation by Mr Ariff Ali, Acting Governor of the Reserve Bank of Fiji, to the Standing Committee on Economic Affairs, Suva, 8 June 2017.
Thank you Honourable Chair and Honourable Members for the invitation to present the Reserve Bank of Fiji's January-July 2016 Report to the Standing Committee on Economic Affairs.
Governor Whiteside and the management team made a presentation to the Committee on 20 September last year on the Bank's annual reports for 2014 and 2015.
Let me begin by saying that central banks are unique institutions. Each country has only one central bank or monetary authority with similar but distinct monetary policy objectives.