Economist fear devaluation of Fiji dollar will affect country's poor

• Print
• Email

Updated April 16, 2009 19:21:42

Fiji's Council of Social Services says it expects the poorest in the country will soon start feeling the affect of the devaluation of the country's dollar.
On wednesday Fiji's Reserve Bank ordered the reduction in the dollar value by 20 percent, hoping this would attract tourist and investors. But the move comes at the same time as the interim government enforced a retirement age of 55, something it had been blocked from doing before the President scrapped the constitution.

Presenter: Campbell Cooney
Speakers: Hassan Khan, Executive Director Fiji Council of Social Service,

• Listen:
• Windows Media

• Toyota President apologises for series of recalls
• Family of Sri Lankan General Fonseka fear for his life after arrest
• World Trade Organisation head says completion of Doha talks 'do-able'
• Education Agents issue warning over changes to Aust residency rules
• ABC denies pulling planned broadcast of controversial Uigher film
• Australian Greens says Navy exercise with Burma unacceptable
• Australian and Burmese ships side-by-side in naval exercises
• Boost in Australian aid to Burma