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t. e. The politics of Fiji take place within the framework of a parliamentary representative democratic republic. Fiji has a multiparty system with the Prime Minister of Fiji as head of government. The executive power is exercised by the government. Legislative power is vested in both the government and the Parliament of Fiji.
The Reserve Bank of Fiji (RBF; Fijian: Maroroi Baqe ni Viti) is the central bank of the Pacific island country of Fiji. Its responsibilities include the issue of currency, control of the money supply, currency exchange, monetary stability, promotion of sound finances, and fostering economic development. The Bank is the only institution that is ...
The Reserve Bank of Fiji Building is a high-rise office building in Suva, Fiji, standing at 65 metres (213 ft) tall with 17 floors, currently serving as the headquarters of the Reserve Bank of Fiji (RBF) since its completion in 1985. [2] It was the first-ever high-rise construction ever built in Fiji and was the tallest in the country between ...
Chapter 7 of the 1997 Constitution is titled Executive Government. There are five Parts, further subdivided into thirty sections, which set out the organization, functions, and responsibilities of the executive branch of government. Modeled on the Westminster system, Fiji's constitution does not separate the Executive and Legislative branches ...
The Fiji national rugby union team during the 2007 Rugby World Cup playing against Canada. Rugby Union is the most-popular team sport played in Fiji. [163] The Fiji national sevens side is a popular and successful international rugby sevens team and has won the Hong Kong Sevens a record eighteen times since its inception in 1976. [164]
The Constitution of Fiji is the supreme law of Fiji. There have been four Constitutions since the first was adopted in 1970. The first constitution, adopted in 1970 upon independence, was abrogated following two military coups in 1987. A second constitution, the Constitution of the Sovereign Democratic Republic of Fiji, was adopted in 1990.
Currently, the head of state of Fiji is the president of the republic, appointed by the Parliament for a three-year term under the terms of the Constitution of 2013. [ 1 ] The current president is Ratu Wiliame Katonivere. He was elected on 22 October 2021, [ 2 ] and sworn in on 12 November 2021. [ 3 ]
The Fijian government established the National Bank of Fiji (NBF) in 1976 on the base of the Savings Bank of Fiji, founded in 1907.After the 1987 coup, the NBF made a push to serve the indigenous Fijian population (in contradistinction to the Fijian population of Indian origin) by introducing new services, expanding its staff by hiring mainly indigenous Fijians, and increasing its lending to ...