Fiji, May 1 -- The International Monetary Fund (IMF) is backing digital transformation and targeted capacity building as key tools to strengthen Pacific Island economies in the face of growing global and regional challenges.

Speaking to PACNEWS, Nada Choueiri, Deputy Director of the IMF's Asia & Pacific Department, said digital connectivity is already improving access to financial services across the region-but also warned of new risks that come with it.

"We see great potential from digitalisation to benefit communities in Pacific Islands," Choueiri said.

"Digital innovation means greater connectivity, and hence greater access to services, including financial services: someone can have access to financial services available to them fro...