There have been wide-ranging interpretations and views on secular stagnation. In light of the discussions over slow post-financial crisis recoveries, I would like to raise three policy issues. The first issue is to what extent central banks should consider the impact on the supply side of the economy in conducting monetary policy.
Today we have become a leading country in the Pacific region to offer mobile money services, an achievement that the people of Fiji should be proud of. Mobile money is a quicker, easier and cheaper way of transferring money using mobile phone technology and network and customers will be able to use this service right away.