Notwithstanding the assurance I have given, I further wish to reflect on the vision of the Reserve Bank of Fiji of Leading Fiji to Economic Success and one of our key mission statements to “Enhance our role in the development of the economy”.
This should be a major driving force for removing regulatory and institutional obstacles. For instance, low labor participation by women has long been an issue for Japan’s economy; however, faced with a tight labor market, firms have recently made efforts to promote labor participation by women.