The government was the major employer in this island nation. The need right now is being felt for the private sector to pitch in also. After Cyclone Heta
hit the country Authentic Jordan Weal Jersey , the government ahs felt a need for the development of the private sector also. The government ahs also spent US$1million towards
rehabilitating people and much of it has been utilized for the construction of
the Fonuakula industrial park and for other private sector businesses.
The main stay of financial income for the country has been aid that it has received from New Zealand. In the 1970’s and 1980’s remittances from Niuean
expats were the major source of income for the country, but now most people have
emigrated to new Zealand and this has led to a decrease in the remittances.
Revenue for the government is essentially generated from income taxes, import
taxes and leasing of the phone lines.
Agriculture and tourism are the profitable ventures and contribute largely to the GDP of the country. Agriculture Authentic Brian Elliott Jersey , fisheries and tourism are now the priority areas for the Niuean economy. Currently the expansion of vanilla plantation is
on a high agenda with the government as well. The government is going about the
plantation by making each household plant vanilla in about ? to 1 acre of land.
Agriculture is an extremely important part of the Niue citizens and most do subsistence faming. Taro is the staple food of the residents and the pink Taro
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property of the country as well. The main cash crops are taro and vanilla that
are also been exported.
As of now Niue is also trying to attract foreign investors and tourists and is also offering an environment conducive for the growth of real estate in Niue.
The government is also offering import and company tax concessions for those
that wish to set up business. This is also the first country that is totally
WiFi and internet access is provided to all the citizens and residents here.
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