"In April, domestic credit growth slowed by 4.2 percent (from 7.9% in April 2019) on account of reduced lending to private sector business entities and private individuals. In the same period, both the commercial banks' new lending and deposit rates fell annually" Commercial banks have given vacation package to customers who are affected by COVID-19. Discuss impacts on commercial banks profitability. (5 marks)

Question 4:

"The pandemic-driven economic contractions have resulted in countries, including Fiji's trading partners introducing several fiscal and monetary measures in an effort to mitigate the economic fallout". In your view, discuss what shall be the focus area(s) for Fijian economy to normalcy and identify 2 policies which would support the focus area(s).