Fiji Ag Sector Contribution Towards GDP Drops

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Need to boost economy to raise current 9% to previous 20%

By Salaseini Moceiwai

SUVA, Fiji (Fiji Times, July 31, 2014) – The agriculture sector's initial contribution of 20 per cent towards the country's gross domestic product (GDP) has dropped to an average of nine per cent over the recent years.

And the Agriculture Ministry is working hard to bridge the 11 per cent gap.

This revelation was made by the Agriculture Minister Lt-Col Inia Seruiratu at the opening of the three-day Northern Agriculture show at Subrail Park in Labasa yesterday.

"Before, the sector used to contribute about 20 per cent towards the GDP but over recent years, it has only contributed an estimated nine per cent and this gives us a huge gap," he said.

"There are solutions to this problem and we need to create an environment of production in order to boost the economy.

"For us to boost the economy, we all have a responsibility to reduce import and increase exports and productions and food security.

"We need to learn from our past and although we can't control it, let's use it as an opportunity to analyse and improve our future."

Lt-Col Seruiratu said there was a dire need to grow the economy.

"When the economy grows, people will benefit and I am urging everyone to get involved with agriculture."

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