TC Winston

Reserve Bank announces business assistance facility

The Reserve Bank has announced they will be reactivating a concessionary Natural Disaster Rehabilitation Facility in the wake of the immense devastation left behind by Tropical Cyclone Winston. In expressing his deepest sympathy to all those suffering as a result of the recent catastrophe, Reserve Bank of Fiji Governor Barry Whiteside stated that “The Reserve […]

Newsroom

February 22, 2016 6:25 pm

The Reserve Bank has announced they will be reactivating a concessionary Natural Disaster Rehabilitation Facility in the wake of the immense devastation left behind by Tropical Cyclone Winston.

In expressing his deepest sympathy to all those suffering as a result of the recent catastrophe, Reserve Bank of Fiji Governor Barry Whiteside stated that “The Reserve Bank stands ready to deploy resources at its disposal and also engage with financial sector stakeholders to ensure it plays an appropriate role in the recovery actions.”

Governor Whiteside added that the Bank will be having discussions with the Ministry of Finance and financial institutions and will be announcing further details shortly.

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