While Fiji is isolated from the financial mess, we unfortunately cannot avoid its economic fallouts. Then the heavens opened up last month and flooded most of Fiji. The impact is widespread and devastating. There is a lot of rehabilitation work to complete to rebuild livelihoods, businesses and industries.
Furthermore, the Lippens code is inappropriate to the special characteristics of the Bank, a company which – unlike other listed companies - does not aim primarily to maximise its profit, but which, in accordance with the Treaty and the law, promotes monetary and financial stability in the public interest.