Sugar Industry In Limbo: World Bank

The Government’s support towards the sugar industry has not im­proved the competitiveness or profitability of the sector, The World Bank said.

Saturday 22 April 2023 | 16:52

Sugar cane crushing in Labasa. Photo: Shratika Naidu

Sugar cane crushing in Labasa. Photo: Shratika Naidu

The Government’s support towards the sugar industry has not im­proved the competitiveness or profitability of the sector, The World Bank said.

The secular decline of the sugar sector since the 1990s has continued in terms of its share of agriculture gross domes­tic product (GDP) and of merchandise exports, the bank said.

The World Bank’s Fiji Public Review 2023 report said the international com­petitiveness of the industry declined rapidly in the past 30 years.

Labour and other resources have con­tinued to move out of the sugar sector, said The World Bank.

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Story by: josefa.babitu@fijisun.com.fj